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

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New Relic Announces First Quarter of Fiscal Year 2017 Results

August 2, 2016 4:15 PM EDT

Revenue increased 54% year-over-year to $58.6 million in the first quarter
Positive quarterly cash from operations

SAN FRANCISCO--(BUSINESS WIRE)-- Software analytics company New Relic, Inc. (NYSE: NEWR) today announced financial results for the first fiscal quarter ended June 30, 2016.

During the first quarter we continued to see mainstream global customers and industries turn to New Relic to help them analyze and improve their digital customer experiences, particularly as many move their workloads to the cloud, " said Lew Cirne, founder and CEO, New Relic. This included our first-ever... More