Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Dynatrace Inc (NYSE:DT) reported second-quarter FY22 revenue growth of 34% year-on-year to $226.4 million, beating the consensus of $220.6 million.
- Total ARR increased 35% Y/Y to $864 million. Revenues from Subscription rose 35% Y/Y to $212.6 million.
- Margins: The non-GAAP gross margin remained flat at 85%, while the non-GAAP operating margin contracted 500 basis points to 27%.
- Non-GAAP EPS of $0.18 beat the consensus of $0.16.
- Dynatrace generated $18.3 million in operating cash flow. It held $370.3 million in cash and equivalents.
- Outlook: Dynatrace sees Q3 revenue of $233 million- $235 million, versus the consensus of $233.2 million.
- It sees non-GAAP EPS of $0.16 at par with the consensus of $0.16.
- For FY22, it expects total revenue of $913 million - $919 million (prior view $902 million - $914 million) above the consensus of $910.89 million.
- Non-GAAP EPS of $0.63 - $0.65 (prior $0.60 - $0.63) versus the consensus of $0.63.
- Price Action: DT shares traded lower by 7.98% at $71.50 on the last check Wednesday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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