Welcome to our dedicated page for New Relic news (Ticker: NEWR), a resource for investors and traders seeking the latest updates and insights on New Relic stock.
New Relic, Inc. (NEWR) provides essential software analytics solutions that power digital transformation for enterprises worldwide. This dedicated news hub offers investors and technology professionals centralized access to official corporate announcements and strategic updates.
Track critical developments including quarterly earnings reports, product enhancements to the New Relic Observability Platform, and collaborations shaping the future of application performance management. Our curated collection ensures timely access to operational milestones, leadership changes, and market expansion initiatives.
Discover updates on New Relic's AI-driven analytics innovations, cloud infrastructure partnerships, and DevOps ecosystem integrations. The repository serves as a strategic resource for understanding the company's growth trajectory in the competitive software monitoring sector.
Bookmark this page for streamlined monitoring of New Relic's progress in delivering real-time performance insights and maintaining technological leadership. Return regularly to stay informed about developments impacting digital business optimization strategies.
New Relic (NEWR) reported Q3 FY2021 revenue of $166 million, up from $153 million in Q3 FY2020, reflecting positive customer reception to new strategies. However, the company experienced a GAAP loss from operations of $(48.0) million vs. $(24.2) million last year. The non-GAAP net loss per diluted share was $(0.14), compared to $0.09. Looking ahead, Q4 revenue is projected between $166 million and $167 million, with a non-GAAP loss from operations of $(29.0) to $(31.0) million.
New Relic, Inc. (NYSE: NEWR) announced it will release third-quarter financial results for the period ending December 31, 2020, on February 4, 2021, post-market. An investor letter will be available on their website. A conference call is scheduled for the same day at 2 p.m. PT (5 p.m. ET) to discuss the results, accessible via phone or a webcast. A replay will be available until February 11, 2021. New Relic provides a cloud-based observability platform that helps organizations enhance software performance.
New Relic (NYSE: NEWR) has promoted Bill Staples to President and Chief Product Officer, enhancing his responsibilities to include corporate strategy and marketing. This move aims to strengthen the company’s alignment with developers and improve their success using New Relic’s observability platform. Meanwhile, Michael Christenson will transition from President and COO to a strategic advisor role. New Relic anticipates strong revenue and annual recurring revenue (ARR) performance for Q3 fiscal 2021, exceeding prior guidance.
New Relic, Inc. (NYSE: NEWR) has announced its acquisition of Pixie Labs, an advanced machine intelligence observability solution for Kubernetes developers. This move aims to enhance New Relic's offerings in the rapidly expanding Kubernetes market by providing seamless troubleshooting and live debugging capabilities. With Pixie's telemetry data running entirely inside Kubernetes, developers will experience lower overhead and improved operational efficiency. New Relic plans to integrate Pixie's features into its New Relic One platform, further empowering developers in managing cloud-native applications.
New Relic, Inc. (NYSE: NEWR) has entered a five-year Strategic Collaboration Agreement with Amazon Web Services (AWS) to enhance product integration and development, aimed at streamlining cloud adoption for customers. This collaboration includes joint marketing efforts, consolidated purchases through AWS Marketplace, and simplified telemetry data integration from AWS services into New Relic One. The partnership positions New Relic as a key observability solution for AWS users, facilitating better service through improved software performance and uptime.
New Relic (NYSE: NEWR) was recognized as a Customers’ Choice in the 2020 Gartner Peer Insights ‘Voice of the Customer’: Application Performance Monitoring, achieving a top rating of 4.7 out of 5. This accolade reflects a recommendation rating of 91% from its global customer base, showcasing strong user satisfaction. Feedback highlights New Relic's effectiveness in monitoring complex environments and enhancing application performance, with users praising its usability and troubleshooting capabilities.
New Relic (NYSE: NEWR) has launched the Observability for Good program, aimed at providing NGOs and nonprofits with critical observability tools to enhance their digital operations. This initiative includes free access to New Relic One, offering services such as 1 TB of data ingest and five standard seats for Full Stack Observability. In partnership with Code for America, the program seeks to empower volunteer Brigades with the technological resources needed to build impactful applications. The initiative reflects New Relic's commitment to social impact and improving tech accessibility.
New Relic, Inc. (NYSE: NEWR) will report its financial results for Q2 ending September 30, 2020, after market close on November 5, 2020. An investor letter will be available on the company's website. Following the earnings release, a conference call will take place at 2 p.m. PT (5 p.m. ET) on the same day, with access via phone or live webcast. A replay will also be available until November 12, 2020. New Relic is recognized for its powerful cloud-based observability platform, aiding engineering teams in software performance and optimization.
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