New Relic Inc reports results for the quarter ended in December - Earnings Summary

New Relic

08/02/2022 22:37

* New Relic Inc  NEWR.N  reported a quarterly adjusted loss
of 18
cents​​ per share for the quarter ended in December. The mean
expectation of thirteen analysts for the quarter was for a loss
of 15 cents per share.
    * Revenue rose 22.4% to $203.59 million from a year ago; 
analysts
expected $200.35 million. 
    * New Relic Inc's reported EPS for the quarter was a loss
of 96
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * New Relic Inc shares had fallen by 2.3% this quarter.
    * The company reported a quarterly loss of $62.71 million.
    * Wall Street's median 12-month price target for New Relic
Inc is
$120.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 8 at 10:37 p.m.
 ​All figures in US dollars unless otherwise stated