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New Relic Reports First Quarter Fiscal 2019 Results

San Francisco – (BUSINESS WIRE) New Relic, Inc. (NYSE: NEWR), provider of real-time insights for software-driven businesses, today announced financial results for the fourth fiscal quarter ended August 7, 2018.

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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.

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August 8, 2018 New Relic Signs Definitive Agreement to Establish Japanese Joint Venture with Japan Cloud
New Relic, Inc. (NYSE:NEWR), provider of real-time insights for software-driven businesses, today announced it has signed a definitive agreement to establish a new joint venture in Tokyo, Japan, known as New Relic K.K.. The joint venture will enable New Relic to meet the demands of the growing number of companies in Japan that are looking to solve business-critical issues around mastering the complexity of modern software. Japanese businesses are increasingly embracing the cloud for the scale and agility necessary to compete in the digital era. According to Gartner, public cloud services end-user spending in Japan will increase to $9.7 billion in 20221. New Relic helps companies accelerate their adoption of the public cloud by dramatically reducing the risk of migrating production applications to the cloud. New Relic currently serves global customers such as Airbnb, Citrix, Condé Nast, Github, Japan Taxi, Major League Baseball, Norwegian Cruise Line, Pivotal, Rakuten, Sansan, and Trek...
August 7, 2018 New Relic Announces First Quarter Fiscal Year 2019 Results
First quarter revenue increased 35% year-over-year to $108.2 million Quarterly GAAP operating loss of $(3.6) million; Non-GAAP operating income of $8.7 million New Relic, Inc. (NYSE:NEWR), provider of real-time insights for software-driven businesses , today announced financial results for the first quarter fiscal year 2019 ended June 30, 2018. “The first quarter results are an outstanding start to our fiscal year as we delivered record top and bottom line results,” said Lew Cirne, CEO and founder, New Relic. “We are driving efficient growth by aligning our go-to-market efforts around three of the most pressing challenges facing enterprise IT today: migrating to the cloud, adopting DevOps, and delivering a compelling digital customer experience. We believe that the combination of our multi-tenant cloud platform and deep domain expertise uniquely serves a multi-billion dollar, high growth market for monitoring, managing, and operating digital systems. The outlook remains robust and I...
103.02 CHANGE: +1.01 +0.99% Volume: 209,429 August 16, 2018

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