New Relic Announces Second Quarter of Fiscal Year 2018 Results

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New Relic (NEWR) PT Raised to $52 at Morgan Stanley

November 8, 2017 8:42 AM EST

Morgan Stanley raised its price target on New Relic (NYSE: NEWR) to $52.00 (from $48.00) while maintaining a Equalweight rating.

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New Relic (NEWR) Tops Q2 EPS by 4c; Guides Above

November 7, 2017 4:26 PM EST

New Relic (NYSE: NEWR) reported Q2 EPS of ($0.06), $0.04 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $84.7 million versus the consensus estimate of $82.96 million.

GUIDANCE:

New Relic sees Q3 2018 EPS of ($0.07)-($0.09), versus the consensus of... More