New Relic (NEWR) Misses Q4 EPS by 3c, Offers Guidance

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New Relic Announces Fourth Quarter and Full Fiscal Year 2022 Results

May 12, 2022 4:05 PM EDT

Fourth quarter revenue increased 19% year-over-year to $206 million
Quarterly GAAP operating loss of $(56) million; Non-GAAP operating loss of $(16) million
Fiscal 2022 revenue increased 18% year-over-year to $786 million
Fiscal 2022 GAAP operating loss of $(229) million; Non-GAAP operating loss of $(49) million

SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE: NEWR), the observability company, today announced financial results for the fourth quarter and full fiscal year 2022 ended March 31, 2022.

We finished FY22 with revenues of $786 million, well above the guidance of $710 million we set a year... More