Dynatrace: Fiscal Third Quarter Earnings Overview
Dynatrace Reports Strong Fiscal Q3 Results
Dynatrace Inc., headquartered in Boston, announced on Monday that it achieved a net profit of $40.1 million for its fiscal third quarter.
The company reported earnings of 13 cents per share. When excluding expenses related to stock options and other one-time charges, adjusted earnings reached 44 cents per share.
These results exceeded analysts’ expectations, as a consensus of 12 analysts polled by Zacks Investment Research had predicted earnings of 41 cents per share.
Dynatrace, a leader in software intelligence, generated $515.5 million in revenue during the quarter, surpassing the $505.9 million forecasted by analysts surveyed by Zacks.
Outlook for the Next Quarter and Full Year
- For the quarter ending in March, Dynatrace anticipates earnings per share between 38 and 39 cents.
- Projected revenue for the fiscal fourth quarter is expected to fall between $518 million and $523 million.
- For the full fiscal year, the company estimates earnings per share in the range of $1.67 to $1.69, with total revenue projected at $2.01 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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