New Relic (NEWR) Tops Q1 EPS by 3c, Offers Q2 & FY Guidance

New Relic (NYSE: NEWR) reported Q1 EPS of ($0.20), $0.03 better than the analyst estimate of ($0.23). Revenue for the quarter came in at $58.6 million versus the consensus estimate of $56.94 million.

GUIDANCE:

New Relic sees FY2017 EPS of ($0.60)-($0.66), versus the consensus of ($0.65). New Relic sees FY2017 revenue of $251-255 million, versus the consensus of $252 million.

New Relic sees Q2 2017 EPS of ($0.16)-($0.18), versus the consensus of ($0.18). New Relic sees Q2 2017 revenue of $61-62 million, versus the consensus of $60.6 million.

For earnings history and earnings-related data on New Relic (NEWR) click here.

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