New Relic Posts Strong FQ1 Revenue, Beats On Profit And Guides Above Street Expectations
By Alex Wilhelm New Relic reported its first quarter, fiscal 2016 performance today, including better-than-expected revenue, and lower-than-expected per-share loss. While the latter clause is correct, it’s worth noting that on either a normal (GAAP) and adjusted (non-GAAP) basis, New Relic lost more in its most recent quarter than it did in the comparable year-ago period. However, due to changes in… Read More
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