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New Relic Announces First Quarter Fiscal Year 2020 Results

SAN FRANCISCO--(BUSINESS WIRE)-- New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based instrumentation platform built to help customers create more perfect software, today announced financial results for the first quarter of fiscal year 2020 ended June 30, 2019.

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New Relic provides the real-time insights that software-driven businesses need to innovate faster. New Relic’s cloud platform makes every aspect of modern software and infrastructure observable, so companies can find and fix problems faster, build high-performing DevOps teams, and speed up transformation projects.

Latest News

September 19, 2019 New Relic Delivers Industry’s First Observability Platform That Is Open, Connected and Programmable, Enabling Companies to Create More Perfect Software
New programmability features empower customers to quickly and easily build entirely new applications to drive their business growth FUTURESTACK –New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based Observability Platform built to help customers create more perfect software, today kicked off its annual FutureStack conference in New York City, where CEO and Founder Lew Cirne will showcase the world’s first Observability Platform. The company announced advanced platform capabilities, including New Relic Logs, New Relic Traces, New Relic Metrics, and New Relic AI to empower teams with the data they need to move faster and build better digital experiences. In an industry-first, the company today unveiled programmability on the New Relic One Platform, which gives all customers and partners the ability to build entirely new applications on top of New Relic One, enabling them to integrate their best of breed business data and create seamless workflows on the...
September 16, 2019 New Relic Announces Management Changes – Michael Christenson Will Join as President, Chief Operating Officer
Company Affirms Q2 and Updates Fiscal Year 2020 Revenue Guidance New Relic (NYSE:NEWR) today announced management changes, affirmed the current quarter’s revenue guidance and updated full year fiscal 2020 revenue guidance to between $586.0 million and $593.0 million, representing year-over-year growth of between 22% and 24%. Current board member Michael Christenson will join the company as president and chief operating officer, a newly created position, on October 1. Chief technology officer, Jim Gochee, and chief revenue officer, Erica Schultz, have resigned. Christenson joins from his role at Allen & Company, and will report to Lew Cirne, CEO and founder of New Relic. In this role, he will oversee Go-To-Market and business operations across the company. He will remain on the New Relic Board of Directors. Cirne will continue to work closely with the product general managers on key initiatives and will expand his oversight of the platform. The company expects to announce new...

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