New Relic Announces Third Quarter of Fiscal Year 2018 Results
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New Relic (NEWR) PT Raised to $66 at Oppenheimer Following 3Q
February 7, 2018 9:29 AM ESTOppenheimer raised its price target on New Relic (NYSE: NEWR) to $66.00 (from $57.00) while maintaining a Outperform rating following the company's 3Q earnings report. Sales of $91.8M and pro forma EPS of $0.05 topped expectations ($89.3M/loss of $0.07), reflecting steady execution, and continued enterprise and new... More
New Relic (NEWR) PT Raised to $65 at Cowen
February 7, 2018 6:24 AM ESTCowen raised its price target on New Relic (NYSE: NEWR) to $65.00 (from $62.00) while maintaining a Outperform rating.
Analyst J. Derrick Wood commented, "NEWR beat consensus billings by ~$2.5 mln & raised the mid-point of FY18 revenue guidance by ~$4 mln+. The qtr showed continued traction in moving... More
New Relic (NEWR) Tops Q3 EPS by 13c
February 6, 2018 4:09 PM ESTNew Relic (NYSE: NEWR) reported Q3 EPS of $0.05, $0.13 better than the analyst estimate of ($0.08). Revenue for the quarter came in at $91.8 million versus the consensus estimate of $89.31 million.
For earnings history and earnings-related data on New Relic (NEWR) click here.
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