Shares of New Relic (NYSE: NEWR) jumped on Friday after the cloud software company reported its fiscal fourth-quarter results. New Relic beat analyst estimates across the board, and it provided guidance calling for double-digit growth in the first quarter. New Relic reported fourth-quarter revenue of $159.7 million, up 21% year over year and about $6 million higher than the average analyst estimate.
New Relic (NEWR) delivered earnings and revenue surprises of 250.00% and 3.95%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
New Relic (NEWR) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, announced today that it will report its financial results for the fourth quarter and fiscal year ended March 31, 2020, after market close on Thursday, May 14, 2020.
Companies In The News Are: AMAT, NEWR, SSRM, GLOB.
SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the industry's largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, announced today enhanced partner programs from the New Relic P…
SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today announced the appointment of Seema Kumar as Chief Market…
NEWR earnings call for the period ending March 31, 2020.
SAN FRANCISCO--(BUSINESS WIRE)-- #DistributedTracing--New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today introduced New Relic Edge with Inf…
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Elastic has effectively leveraged its strength in search to expand into the competitive but high-potential observability and security markets.It has been able to maintain consistently strong revenue growth rates of ~60% with gross margins of 74% and a net ret…
A high-growth Big Data company with end-to-end data analytics solutions. Positive free cash flow margin and ample cash-on-hand make Alteryx a good investment ca
If you're interested in New Relic, Inc. (NYSE:NEWR), then you might want to consider its beta (a measure of share...
Dynatrace is one vendor benefiting from increased demand for observability solutions. In FY'20 (ended March), the company's subscription revenue rose 39% to $487.8 million.
Here Is What Hedge Funds Bought And Sold In The Q1 Chaos: Full 13F Summary Tyler Durden Sat, 05/16/2020 - 13:00 Amid a selling panic that at times surpassed the liquidation observed during both the financial crisis and the great depression, hedge funds …
Here we take a sneak peek at four tech stocks lined up to report quarterly earnings on May 14.
Image source: The Motley Fool. New Relic Inc (NYSE: NEWR)Q4 2020 Earnings CallMay 14, 2020, 5:00 p.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood day, and welcome to the New Relic Fourth Quarter and Fiscal Year 2020 Earnings Conference Call.
New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today introduced New Relic Edge with Infinite Tracing. The new offering is a fully managed, cloud-native, tail-based distributed tracing solution built to empower software engineering teams to rapidly diagnose issues and latency across complex environments. It provides engineers with the data they need, reducing the time, costs, and resources spent searching for errors and latency. New Relic Edge is delivered as a fully managed service, located in the same cloud provider and region as customers’ cloud-based workloads, and eliminates the burden of deploying, managing, and scaling complex third-party software.
SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today announced that Chief Financial Officer Mark Sachleben wi…
New Relic Inc. stock rallied more than 16% in the extended session Thursday after the cloud software company reported better-than-expected adjusted fiscal fourth-quarter earnings and sales. New Relic said it lost $27.9 million, or 47 cents a share, in the qua…
Q4 2020 New Relic Inc Earnings Call
New Relic (NEWR) saw a big move last session, as its shares jumped nearly 10% on the day, amid huge volumes.
New Relic, Inc. (NYSE: NEWR), the industry's largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, announced today that it has been recognized and positioned by Gartner as a Leader for the eighth consecutive time in the "Magic Quadrant for Application Performance Monitoring" report by Charley Rich and Federico De Silva published on April 22, 2020.
SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today announced financial results for the fourth quarter and f…
The software as a service sector has passed its first recession test in flying colors, as the nature of the coronavirus market has led to an increased business.Two of the most popular names - Slack and Zoom - are due to report in a couple weeks.They've seen c…
New Relic (NEWR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
New Relic, Inc. (NYSE: NEWR), the industry's largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, announced today enhanced partner programs from the New Relic Partner Network (NRPN) along with recent momentum from its partners.
New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today announced that Chief Financial Officer Mark Sachleben will present at the 15th Annual Needham Virtual Technology & Media Conference on Tuesday, May 19, 2020 at 2:30 p.m. ET.
New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today enhanced New Relic AI, a suite of AIOps capabilities built for on-call DevOps, Site Reliability Engineering (SRE) and network operations center (NOC) teams responsible for operating modern infrastructure. New Relic AI provides advanced applied intelligence (AI) and machine learning (ML) technologies to help customers detect, diagnose and resolve incidents faster, and continuously improve incident management workflow.
New Relic Inc. stock rallied more than 16% in the extended session Thursday after the cloud software company reported better-than-expected adjusted fiscal fourth-quarter earnings and sales. New Relic said it lost $27.9 million, or 47 cents a share, in the quarter, compared with $16.8 million, or 30 cents a share, in the fourth quarter of fiscal 2019. Adjusted for one-time items, the company earned $8.4 million, or 14 cents a share, in the quarter, compared with $7.5 million, or 13 cents a share, a year ago. Revenue rose to $160 million, compared with $132 million a year ago. Analysts polled by FactSet expected adjusted profit of 3 cents a share on sales of $154 million. The company said it ended the quarter with cash and cash equivalents around $805 million. New Relic said it expects fiscal 2021 first-quarter revenue between $158 million and $160 million, and adjusted per-share results between a loss of 1 cent and earnings of 4 cents. Customers have prioritized "digital, the cloud, and operational resiliency, and we are committed to helping them meet their goals with the strongest product lineup in our company's history," Chief Executive Lew Cirne said in a statement. Cirne did not specifically address the impact of the coronavirus pandemic on the business but did "acknowledge how difficult COVID-19 has been for everyone, and I'd like to recognize the extraordinary resiliency we've seen from our customers and our employees as we come together and rise to the challenge."
New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today announced financial results for the fourth quarter and full fiscal year 2020 ended March 31, 2020.
Here we take a sneak peek at four tech stocks lined up to report quarterly earnings on May 14.
Rosenblatt Securities analyst Yun Kim maintained a Hold rating on New Relic (NYSE:NEWR) Inc on Thursday, setting a price target of $65, which is approximately 10.11% above the present share price of $59.03.
New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today announced the appointment of Seema Kumar as Chief Marketing Officer. Kumar is an accomplished go-to-market leader with experience driving success for high-growth SaaS companies, including Salesforce and ServiceChannel. Reporting to President and Chief Operating Officer Michael Christenson, Kumar will be responsible for the company’s global marketing strategy and operations.
Shares of New Relic rocketed upward by ~10% after the company posted far better-than-feared fourth-quarter results.With all the attention showered on faster-growing Datadog recently, most investors had forgotten about New Relic's competence in the software mo…