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

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

New Relic Announces Second Quarter of Fiscal Year 2018 Results

November 7, 2017 4:05 PM EST

Revenue increased 33% year-over-year to $84.7 million

Enterprise ARR exceeds 50% of Total ARR

Record 40% of new ARR from non-APM products

SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE: NEWR), provider of real-time insights for software-driven businesses, today announced financial results for the second fiscal quarter ended September 30, 2017.

In the second quarter, annualized recurring revenue (ARR) from our enterprise accounts exceeded 50 percent for the first time and we closed our first New Relic Infrastructure transaction greater than one million... More