
Radek Strnad 2023/05/17 1:00pm
What Happened: Shares of application performance monitoring software provider Dynatrace (NYSE:DT) jumped 9.76% in the after-market session after the company reported fourth-quarter results that exceeded analysts' estimates for key topline metrics, including revenue, subscription revenue and annual recurring revenue (ARR). Profitability metrics also came in strong, with operating income and free cash flow surpassing estimates. In addition, earnings per share (EPS) beat by an impressive 17%. Moving ahead, revenue guidance for the next quarter and full year were above Consensus. However, the EPS guidance for the next quarter and full year were roughly in line. Overall, it was a solid quarter, with the provided guidance indicating the company's ability to generate profits and cash flows in the near term. ... Continue Reading