New Relic (NEWR) Tops Q2 EPS by 8c; Raises Outlook

New Relic (NYSE: NEWR) reported Q2 EPS of $0.20, $0.08 better than the analyst estimate of $0.12. Revenue for the quarter came in at $114.9 million versus the consensus estimate of $112.18 million.

GUIDANCE:

New Relic sees Q3 2019 EPS of $0.12-$0.13, versus the consensus of $0.09. New Relic sees Q3 2019 revenue of $118.5-120.5 million, versus the consensus of $117.7 million.

New Relic sees FY2019 EPS of $0.42-$0.48, versus the consensus of $0.45. New Relic sees FY2019 revenue of $466.5-469.5 million, versus the consensus of $462.82 million.

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

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