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Stock impact report

New Relic Announces Third Quarter of Fiscal Year 2018 Results

New Relic, Inc. (NEWR) 
Last new relic, inc. earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Revenue increased 35% year-over-year to $91.8 million Narrows GAAP operating loss to $(8.0) million; Achieves Non-GAAP operating profitability of $2.7 million SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE:NEWR), provider of real-time insights for software-driven businesses, today announced financial results for the third fiscal quarter ended December 31, 2017. “In the third quarter, we achieved some fantastic milestones as we reduced our GAAP operating loss to $(8.0) million and achieved non-GAAP profitability for the first time in our history and a quarter earlier than expected,” said Lew Cirne, CEO and founder, New Relic. “Our strong results stem from continued strength in our Enterprise business and platform strategy, as the world’s most innovative companies turn to New Relic to help them accelerate their digital initiatives.” Third Quarter 2018 Financial Highlights: Show less Read more
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