New Relic (NEWR) Tops Q4 EPS by 4c; Guides Above the Street

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New Relic Announces Fourth Quarter and Full Fiscal Year 2018 Results

May 8, 2018 4:05 PM EDT

Fourth quarter revenue increased 34% year-over-year to $98.4 million

Quarterly GAAP operating loss narrowed to $(7.5) million; Non-GAAP operating income of $4.8 million

New Relics highest-ever publicly reported dollar-based net expansion rate of 141%

SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE: NEWR), provider of real-time insights for software-driven businesses, today announced financial results for the fourth quarter and full fiscal year 2018 ended March 31, 2018.

We are very pleased with our fourth quarter results, which capped off our fiscal year with revenue of over $355 million, a 35%... More