Dynatrace Inc Stock Price, News & Analysis

Dynatrace (NYSE: DT) has launched the Carbon Impact app, which offers real-time insights into the carbon footprint of organizations' hybrid and multicloud ecosystems. This tool helps customers reduce their environmental impact by providing detailed analytics on carbon emissions across various processes and applications.

Developed using the Dynatrace AppEngine, the app is designed to support sustainability goals and regulatory compliance. It is set to be available within 90 days, allowing organizations to better understand and optimize their digital emissions.

Partnerships with organizations like Atos aim to enhance customer insights and drive emissions reduction strategies.

Dynatrace (NYSE: DT) announced the launch of its new AutomationEngine, designed to enhance cloud operations through answer-driven automation. This platform offers a no-code and low-code toolset and employs Davis® causal AI to streamline BizDevSecOps workflows. Key features include automated remediation, vulnerability routing, and cloud resource forecasting. The AutomationEngine aims to drive efficiency, innovation, and improved business outcomes. It will be generally available within 90 days of the announcement. Experts emphasize the rising need for intelligent automation in complex cloud environments, which the AutomationEngine aims to address.

Dynatrace (NYSE: DT) has launched the AppEngine, a low-code platform that allows teams to create custom data-driven applications tailored to various BizDevSecOps use cases. The AppEngine aims to leverage vast amounts of data from modern cloud ecosystems, enabling intelligent app creation across IT, development, security, and business sectors.

New applications include Smartscape Health View, which visualizes application health; Site Reliability Guardian, which automates service quality; and Carbon Impact, helping teams measure and reduce their carbon footprint. The platform consolidates observability and security data, paving the way for enhanced decision-making and operational efficiency.

Dynatrace (NYSE: DT) has expanded its Grail data lakehouse capabilities, now supporting metrics, distributed traces, and multicloud topology. This enhancement allows for better storage, processing, and analysis of large data volumes from modern cloud ecosystems.

A new user experience, featuring dashboards and collaborative Notebooks, aims to improve collaboration across IT, development, and business teams. The AI-powered graph analytics enable custom queries to support various BizDevSecOps use cases, from enhancing application security to optimizing cloud resource allocation.

Dynatrace (NYSE: DT) will present at the Morgan Stanley Technology, Media and Telecom Conference on Tuesday, March 7, at 4:30 p.m. ET. A live webcast of the presentation will be available here and archived on the Dynatrace investor relations website for 30 days. Dynatrace is focused on providing software intelligence for digital transformation, helping organizations modernize cloud operations, deliver software efficiently, and enhance user experiences.

Dynatrace, Inc. (NYSE: DT) announced a public offering of 15,000,000 shares of common stock by selling stockholders, with a potential additional 2,250,000 shares available. The offering is expected to close on February 10, 2023. BofA Securities is the sole underwriter, facilitating the sale under specified market conditions. This public offering follows a registration statement that became effective on August 3, 2020. Although this is a typical fundraising activity, investors should consider the implications of share dilution on existing holdings.

Software intelligence company Dynatrace (NYSE: DT) announced an underwritten public offering of 15,000,000 shares of common stock by selling stockholders, with a potential additional 2,250,000 shares available through an underwriter option. BofA Securities is the sole underwriter for this offering. Dynatrace will not receive proceeds from the sale but will cover registration costs excluding underwriting discounts. The offering is subject to market conditions. A registration statement on Form S-3 has been filed with the SEC, and full terms will be disclosed in a prospectus supplement.

Dynatrace (NYSE: DT) reported strong financial results for Q3 FY2023, with a 29% year-over-year growth in Adjusted ARR, totaling $1,163 million. Total Revenue rose to $297 million, reflecting a 29% increase on a constant currency basis. Subscription Revenue also grew by 29%, amounting to $279 million. Non-GAAP Operating Income was $81 million, with a Non-GAAP EPS of $0.25. Looking ahead, the company projects Q4 revenue between $304 - $307 million and updates its full-year guidance, anticipating total revenue of $1,148 - $1,151 million, representing a 24% growth.

Dynatrace (NYSE: DT) announced it will host a moderated Q&A breakout session for investors at its annual customer conference, Perform 2023, on February 16 at 4:30 p.m. ET. Key executives such as CEO Rick McConnell and CFO Jim Benson will participate in the session. A live webcast will be available here. Interested participants can register for in-person attendance by emailing ir@dynatrace.com, while virtual attendees can register on the Dynatrace website. A replay will be available for 30 days on their investor relations page.