New Relic (NEWR) Misses Q3 EPS by 3c, Revenues Beat; Lowers FY20 EPS Outlook, Raises FY20 Revenue Guidance, Provides Q4 Views

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Go back to New Relic (NEWR) Misses Q3 EPS by 3c, Revenues Beat; Lowers FY20 EPS Outlook, Raises FY20 Revenue Guidance, Provides Q4 Views

New Relic Announces Third Quarter Fiscal Year 2020 Results

February 4, 2020 4:05 PM EST

Third quarter revenue increased 23% year-over-year to $153.0 million

Quarterly GAAP operating loss of $(24.2) million; Non-GAAP operating income of $3.0 million

SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE: NEWR), the industrys largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, today announced financial results for the third quarter of fiscal year 2020.

Were pleased with the feedback and early signs of success weve seen from customers adopting the new capabilities across the New Relic One platform, said Lew... More