New Relic Announces Second Quarter of Fiscal Year 2017 Results
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UBS Remains Sidelined on New Relic (NEWR) as Challenges Overshadow 2Q Upside
November 8, 2016 9:47 AM ESTUBS maintained a Neutral rating on New Relic (NYSE: NEWR), and cut the price target to $38.00 (from $39.00), following the company's 2Q earnings report. NEWR reported Revenues and EPS upside of $1.5M and $0.07. However, these results are most likely overshadowed by billings down q/q for the 2nd consecutive quarter and deferred revenue down q/q for the first time ever.... More
New Relic (NEWR) Tops Q2 EPS by 8c
November 7, 2016 4:21 PM ESTNew Relic (NYSE: NEWR) reported Q2 EPS of ($0.09), $0.08 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $63.4 million versus the consensus estimate of $61.93 million.
"New Relic is rapidly becoming the global enterprise standard for a new category of software we call Digital Intelligence. At the end of... More
