New Relic (NEWR) Reports In-Line Q3 EPS, Revenues Beat; Offers 4Q EPS/Revenue Guidance Below Consensus

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New Relic Announces Third Quarter Fiscal Year 2021 Results

February 4, 2021 4:05 PM EST

Third quarter revenue increased 9% year-over-year to $166 million

Quarterly GAAP operating loss of $(48.0) million; Non-GAAP operating loss of $(8.4) million

SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE: NEWR), a leader in observability, today announced financial results for the third quarter of fiscal year 2021.

Our financial results for the third quarter reflect the positive early reception were seeing from our customers to the changes weve made across our go-to-market and platform strategies, said Lew Cirne, CEO and founder, New Relic. We are successfully... More