New Relic Announces First Quarter Fiscal Year 2022 Results

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New Relic (NEWR) PT Raised to $84 at Needham & Company

August 4, 2021 6:18 AM EDT

Needham & Company analyst Jack Andrews raised the price target on New Relic (NYSE: NEWR) to $84.00 (from $78.00) while maintaining a Buy rating.

The analyst commented, "NEWR reported solid 1QFY22 results as revenue and EPS were ahead of our estimates and consensus. Our... More

New Relic (NEWR) Tops Q1 EPS by 12c

August 3, 2021 4:40 PM EDT

New Relic (NYSE: NEWR) reported Q1 EPS of ($0.25), $0.12 better than the analyst estimate of ($0.37). Revenue for the quarter came in at $180 million versus the consensus estimate of $172.03 million.

GUIDANCE:

New Relic sees FY2022 EPS of ($0.49)-($0.52), versus the consensus... More