New Relic Posts Strong FQ1 Revenue, Beats On Profit And Guides Above Street Expectations

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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