New Relic (NEWR) Tops Q2 EPS by 8c; Raises Outlook

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New Relic Announces Second Quarter Fiscal Year 2019 Results

November 6, 2018 4:05 PM EST

Second quarter revenue increased 36% year-over-year to $114.9 million

Quarterly GAAP operating loss of $(5.5) million; Non-GAAP operating income of $9.7 million

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 quarter of fiscal year 2019 ended September 30, 2018.

Results for the second quarter exceeded our expectations and marked a successful first half of FY19, said Lew Cirne, CEO and founder, New Relic. Enterprise DevOps teams are under pressure to move faster and deliver high-performing... More