Dynatrace Inc Stock Price, News & Analysis

Dynatrace (NYSE: DT) has expanded its Smartscape® platform to integrate AIOps and analytics with open-source services like OpenTelemetry, FluentD, and Prometheus. This enhancement enables seamless observability across cloud-native environments, assisting DevOps and SRE teams in managing complex architectures effectively. Stephen Elliot from IDC highlights the growing need for advanced analytics in complex IT landscapes. The updates will be available within 60 days, enhancing visibility and operational efficiency for organizations managing large-scale digital transformations.

Dynatrace (NYSE: DT) reported strong first quarter results for fiscal 2022, with a total ARR of $823 million, reflecting a 37% year-over-year growth. Total revenue reached $210 million, a 35% increase, driven largely by subscription revenue growth of 36%. The company also reported GAAP EPS of $0.05 and non-GAAP EPS of $0.16. For the second quarter, guidance predicts revenue between $219 million and $221 million, signifying continued growth momentum.

Dynatrace (NYSE: DT) has appointed Steve Rowland to its board of directors. Rowland, a seasoned go-to-market executive with extensive experience at technology firms like Okta, Splunk, and DataStax, aims to leverage his expertise to aid Dynatrace in addressing cloud complexities and enhancing digital transformation for enterprises. Dynatrace's CEO, John Van Siclen, expressed confidence that Rowland's background in scaling operations will be crucial as the company navigates industry trends involving digital transformation and multicloud migration.

Dynatrace (NYSE: DT) has achieved Amazon Web Services (AWS) Government Competency status, showcasing its expertise in assisting government agencies with digital transformation and operational efficiency. This recognition highlights Dynatrace's role in helping various levels of government to modernize critical services on AWS. The surge in demand for digital services has pushed agencies to adopt more cloud-native architectures. Dynatrace combines observability, AIOps, and automation to enhance resource management and innovation within government operations.

Dynatrace (NYSE: DT) will announce its financial results for Q1 of fiscal 2022, ending June 30, 2021, on July 28, 2021, before market open. A conference call to discuss the results and business outlook is scheduled for 8:00 a.m. ET on the same day. Investors can access the call via dedicated phone lines or through a live webcast on the company’s investor relations website. An audio replay and archived webcast will be available post-call.

Dynatrace (NYSE: DT) has announced that the State of Minnesota is utilizing its Software Intelligence Platform to enhance the reliability of its online unemployment insurance portal. The platform addresses a surge in demand during the pandemic, which saw monthly traffic spike from 638,000 visits to a peak of 6.6 million. With AIOps capabilities, the Minnesota IT Services team benefits from real-time visibility and proactive issue resolution, resulting in fewer IT problems and improved service delivery. This aids in rapid application updates amid fluctuating demands.

Dynatrace (NYSE: DT) has launched the Davis® Security Advisor, an AI-driven tool to enhance application security. This innovation identifies and prioritizes vulnerabilities in software libraries and open-source packages, allowing DevSecOps teams to address significant risks efficiently. According to Forrester Research, 89% of CISOs find modern architectures complicate vulnerability management. The Security Advisor is designed to tackle these challenges by automating the detection process and prioritizing remediation based on factors like vulnerability severity and business impact. This tool will be available within 30 days.

Dynatrace (NYSE: DT) reported robust financial results for Q4 FY2021, with total ARR reaching $774 million, a 35% year-over-year increase. Total revenue surged 31% to $197 million, driven by a 35% jump in subscription revenue, which constituted 93% of total revenue. The company achieved a GAAP EPS of $0.09 and a non-GAAP EPS of $0.15. Looking forward to FY2022, Dynatrace projects total revenue between $885 million to $900 million, anticipating 26% to 28% growth.

Dynatrace (NYSE: DT) announced its executives will present at three major investor conferences. The JP Morgan Global Technology, Media and Communications Conference is scheduled for May 26 at 9:40 a.m. ET, followed by the William Blair Growth Stock Conference on June 1 at 12:20 p.m. ET, and the Baird Global Consumer, Technology & Services Conference on June 8 at 1:25 p.m. ET. Webcasts of the presentations will be available on the Dynatrace investor relations website and archived for 30 days.