New Relic (NEWR) Tops Q4 EPS by 11c, Revenues Beat; Offers 1Q EPS Guidance Below Consensus, Provides 1Q Revenue Outlook

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New Relic Announces Fourth Quarter and Full Fiscal Year 2020 Results

May 14, 2020 4:05 PM EDT

Fourth quarter revenue increased 21% year-over-year to $160 million

Quarterly GAAP operating loss of $(27.5) million; Non-GAAP operating income of $3.5 million

Fiscal 2020 revenue increased 25% year-over-year to $600 million

Fiscal 2020 GAAP operating loss of $(85.5) million; Non-GAAP operating income of $25.0 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 fourth quarter and full fiscal year... More