New Relic (NEWR) Tops Q4 EPS by 18c, Revenues Beat; Offers 1Q & FY22 Revenues Guidance Above Consensus

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New Relic Announces Fourth Quarter and Full Fiscal Year 2021 Results

May 13, 2021 4:05 PM EDT

Fourth quarter revenue increased 8% year-over-year to $173 million
Quarterly GAAP operating loss of $(54.3) million; Non-GAAP operating loss of $(18.5) million
Fiscal 2021 revenue increased 11% year-over-year to $668 million
Fiscal 2021 GAAP operating loss of $(171.4) million; Non-GAAP operating loss of $(24.6) million
New Relic promotes cloud industry veteran Bill Staples to CEO; Founder & CEO Lew Cirne to become Executive Chairman of the Board

SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE: NEWR), the observability company, today announced financial results for the fourth quarter and full fiscal year 2021 ended March 31, 2021. The... More