Dynatrace Inc Stock Price, News & Analysis

Dynatrace (NYSE: DT) has been recognized as a Leader in Gartner's 2022 Magic Quadrant for Application Performance Monitoring (APM) and Observability. The company attained the furthest position for Completeness of Vision, indicating its strong innovation and ability to meet market demands. In addition, Dynatrace received top scores in four of six use cases in Gartner's Critical Capabilities report. Customers highlighted the platform's ability to simplify cloud complexity and enhance digital transformation.

Dynatrace (NYSE: DT) received top scores in 4 of 6 use cases in the 2022 Gartner Critical Capabilities for Application Performance Monitoring (APM) and Observability report, outperforming 19 vendors. The Dynatrace Software Intelligence Platform excelled in DevOps/AppDev, SRE/Platform Operations, IT Operations, and Digital Experience Monitoring. This achievement follows their recognition as a Leader in the 2022 Gartner Magic Quadrant for APM and Observability, where they were noted for their Completeness of Vision. Complimentary reports are available on the Dynatrace website.

Dynatrace (NYSE: DT) released findings from a global survey of 1,300 CISOs, revealing challenges in vulnerability management in complex multicloud environments. 75% of CISOs report security gaps, and 79% say continuous runtime vulnerability management is essential. However, only 4% have real-time visibility into runtime vulnerabilities. The report highlights the need for the convergence of security and observability to enhance risk management and incident response. Automation is identified as key for improving efficiency in vulnerability management.

Dynatrace has announced the submission of OpenFeature to the Cloud Native Computing Foundation as a Sandbox project. This initiative, in partnership with notable technology leaders like LaunchDarkly and GitLab, aims to standardize feature flagging and management solutions. OpenFeature seeks to simplify integration for DevOps and SRE teams, enhancing operational efficiency and reducing vendor lock-in. This move aligns with industry demands for agility in software delivery, allowing teams to more easily implement and manage feature flags across various platforms.

Dynatrace (NYSE: DT) reported impressive financial results for Q4 and fiscal year 2022, achieving a 35% year-over-year growth in Adjusted ARR, and surpassing $1 billion in annualized revenue. The total revenue for Q4 was $253 million, up 31%, while subscription revenue also increased by 31%. Non-GAAP EPS stood at $0.17. However, the company faces an estimated $20 million foreign exchange headwind and a $6 million impact from ceasing operations in Russia and Belarus. New CFO recruitment is underway following the departure of Kevin Burns.

Dynatrace (NYSE: DT) will present at three upcoming investor conferences: J.P. Morgan Global Technology, Media and Communications Conference on May 24 at 3:30 p.m. ET, William Blair Growth Stock Conference on June 7 at 3:40 p.m. ET, and Bank of America Global Technology Conference on June 8 at 12:30 p.m. ET. Live webcasts for these events can be accessed here and will be archived for 30 days on the investor relations section of the Dynatrace website.

Dynatrace focuses on ensuring optimal software performance through its integrated software intelligence platform.

Dynatrace (NYSE: DT) announces that international luxury hotel chain Meliá has enhanced guest experiences by utilizing the Dynatrace platform. Meliá has accelerated its digital transformation by migrating critical applications to a cloud-native environment on AWS, enabling faster service delivery. The platform's observability and AIOps capabilities have improved customer interactions, increasing digital transactions from 40% to over 80% during the pandemic. This shift supports Meliá's focus on optimizing digital services while reducing in-person contact, thus adapting to modern traveler preferences.

Dynatrace (NYSE: DT) has enhanced its advanced AIOps capabilities for databases, including Oracle and Microsoft SQL. This update allows DevOps teams and DBAs to automatically access real-time insights regarding database and application performance. These features will help resolve issues like inefficient queries, improving service availability and user experience. With new API endpoints, teams can optimize database observability and collaboration, driving better business outcomes. Oracle support is available now, with Microsoft SQL support expected in 90 days.

Dynatrace (NYSE: DT) will report its financial results for Q4 and full fiscal year 2022, ending March 31, 2022, before market opening on May 18, 2022. The company will host a conference call at 8:00 a.m. ET on the same day to discuss results and outlook. Interested parties can join via phone or through the webcast on Dynatrace's investor relations site. An audio replay will be available until June 1, 2022. Dynatrace aims to enhance software operations through its comprehensive software intelligence platform.