New Relic NEWR reported its Q3 earnings results on Tuesday, February 8, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
New Relic missed estimated earnings by 20.0%, reporting an EPS of $-0.18 versus an estimate of $-0.15.
Revenue was up $37.25 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 38.52% increase in the share price the next day.
Here's a look at New Relic's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.13 | -0.37 | -0.45 | -0.14 |
| EPS Actual | -0.10 | -0.25 | -0.27 | -0.14 |
| Revenue Estimate | 182.21M | 172.03M | 167.05M | 165.09M |
| Revenue Actual | 195.69M | 180.48M | 172.67M | 166.34M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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