New Relic (NEWR) Tops Q3 EPS by 7c, Revenues Beat; Raises FY19 EPS/Revenue Outlook Above Consensus; Offers Q4 EPS/Revenue Guidance Above Consensus

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Go back to New Relic (NEWR) Tops Q3 EPS by 7c, Revenues Beat; Raises FY19 EPS/Revenue Outlook Above Consensus; Offers Q4 EPS/Revenue Guidance Above Consensus

New Relic Announces Third Quarter Fiscal Year 2019 Results

February 6, 2019 4:05 PM EST

Third quarter revenue increased 35% year-over-year to $124.0 million

Quarterly GAAP operating loss of $(8.5) million; Non-GAAP operating income of $7.8 million

New Relic advances AIOps strategy with acquisition of SignifAI

SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE: NEWR), provider of real-time insights for software-driven businesses, today announced financial results for the third quarter of fiscal year 2019 ended December 31, 2018.

Results for the third quarter exceeded our guidance ranges on both the top and bottom lines, said Lew Cirne, CEO and founder, New Relic. As... More