New Relic (NEWR) Tops Q3 EPS by 17c; Guides Higher

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New Relic Announces Third Quarter Fiscal Year 2023 Results

February 7, 2023 4:05 PM EST

Focused execution led to revenue of $239.8 million, up 18% year over year

GAAP gross margin increased 8 pts., non-GAAP gross margin increased 9 pts. to 77.6%

GAAP and non-GAAP operating margin improved 13 pts., non-GAAP profitability hit 7.8%

SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE:... More