Reports Q1 revenue $477M, consensus $467.78M. “We delivered a strong start to the fiscal year, exceeding guidance across all our metrics, driven by a large number of seven-figure expansion deals and accelerating log management deployment,” said Rick McConnell, CEO of Dynatrace (DT). “Cloud modernization and AI have caused an explosion of data and complexity that is compelling customers to move away from fragmented tools toward an end-to-end observability platform. Our 3rd generation platform, with Grail at its core, was purpose-built to address this market shift, providing deterministic insights that can lead to more resilient software and serve as a trustworthy foundation for an agentic AI future.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DT:
- Notable companies reporting before tomorrow’s open
- Private Markets: Scale rival Surge AI in talks for funding at $25B value
- Dynatrace: Strong Market Position and Growth Potential Justify Buy Rating
- Trump announces tariff deal with Japan, AT&T reports Q2 beat: Morning Buzz
- Shopify and Unity downgraded: Wall Street’s top analyst calls