This Explains Why New Relic Is Soaring Today [The Motley Fool]
New Relic, Inc. (NEWR)
Last new relic, inc. earnings: 2/4 04:05 pm
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US:NYSE Investor Relations:
ir.newrelic.com/investors-home/default.aspx
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Source: The Motley Fool
Traders cheer after the company reports strong quarterly results and shares bullish guidance. Here's what investors need to know. Brian Feroldi ( TMFTypeoh ) May 9, 2018 at 11:00AM What happened In response to reporting fiscal fourth-quarter and full year earnings, shares of New Relic ( NYSE:NEWR ) , a software-as-a-service business focused on application performance monitoring, rose 17% as of 10:32 a.m. EDT on Wednesday. So what Here's a review of the headline numbers from the company's fiscal fourth-quarter: Revenue jumped 34% to $98.4 million. By contrast, analysts were only expecting the company to report $96.3 million in revenue for the quarter. On a Non-GAAP basis operating income was $4.8 million. The company's dollar-based net expansion rate was extremely strong and came in at 141%. Non-GAAP EPS was $0.09. That was also far
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