New Relic Announces Third Quarter Fiscal Year 2021 Results
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New Relic (NEWR) Reports In-Line Q3 EPS, Revenues Beat; Offers 4Q EPS/Revenue Guidance Below Consensus
February 4, 2021 4:43 PM ESTNew Relic (NYSE: NEWR) reported Q3 EPS of ($0.14), in-line with the analyst estimate of ($0.14). Revenue for the quarter came in at $166 million versus the consensus estimate of $165.09 million.
Third Quarter Fiscal Year 2021 Financial Highlights:
Revenue of $166 million, compared to $153 million for the third quarter of fiscal 2020.GAAP gross margin of 72% and non-GAAP gross margin of 74%.GAAP loss from operations was $(48.0) million, compared to $(24.2) million for the third quarter of fiscal 2020.Non-GAAP income (loss) from operations was $(8.4) million, compared to $3.0 million for the third... More