November 30, 2021
New Relic Bolsters Channel Strategy and Appoints Riya Shanmugam as Group Vice President of Global Alliances and Channels
Former Google Cloud, IBM, and Adobe executive to accelerate the company’s channel strategy and partner expansion to bring a data-driven approach to observability to millions of engineers and developers globally New Relic (NYSE: NEWR), the observability company, announced at AWS re:Invent 2021, hosted by Amazon Web Services, Inc. (AWS), its plans to advance its alliances, partnerships, and channel program to bring a data-driven approach to observability to millions of engineers and developers globally. New Relic has appointed Riya Shanmugam as Group Vice President of Global Alliances and Channels to further develop and strengthen the company’s partner strategy and channel programs. As enterprises across every industry and region continue to realize the benefits of cloud-based observability as an open, connected, and programmable practice for every engineer across every stage of the software lifecycle, partners will continue to be essential in bringing the value of New Relic One to more...
November 8, 2021
New Relic Announces Second Quarter Fiscal Year 2022 Results
Second quarter revenue increased 18% year-over-year to $196 million Quarterly GAAP operating loss of $(47.0) million; Non-GAAP operating loss of $(6.4) million New Relic, Inc. (NYSE: NEWR), the observability company, today announced financial results for the second quarter of fiscal year 2022. “This quarter marks the completion of our business turnaround and the beginning of a new chapter of growth for New Relic,” said Bill Staples, CEO, New Relic. “We recently laid out five strategic priorities to guide our company forward, and we are pleased with the progress we’ve already made in advancing these objectives. Today, New Relic has a strong foundation for the future, as we continue our work to help millions of developers and engineers build better software by making observability a daily part of a data-driven engineering approach, across the entire software lifecycle.” Second Quarter Fiscal Year 2022 Financial Highlights: Revenue of $196 million, compared to $166 million for the second...