Shares of New Relic NEWR fell in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share fell 255.56% over the past year to ($0.14), which were in line with the estimate of ($0.14).
Revenue of $166,340,000 rose by 8.70% from the same period last year, which beat the estimate of $165,090,000.
Guidance
New Relic Sees Q4 EPS $(0.45)-$(0.49) Vs $(0.12) Estimates; Sales $166M-$167M Vs 170.81M Estimates
How To Listen To The Conference Call
Date: Feb 04, 2021
Time: 05:00 PM
Recent Stock Performance
52-week high: $80.80
Company's 52-week low was at $33.49
Price action over last quarter: Up 30.63%
Company Description
New Relic Inc is a provider of software analytics solutions for organizations to collect, store, and analyze massive amounts of software data in real-time. The firm's flagship New Relic Software Analytics Cloud is made up of a suite of products, a Big Data database, and an open platform. Its solutions include diagnostics, reporting and alerting, transaction monitoring, and performance monitoring capabilities. The firm generates revenue from subscription-based arrangements for software offerings, typically for a year. A majority of the firm's revenue is generated in the United States, and the rest from Europe, the Middle East, and Africa; the Asia-Pacific; and other regions.
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