New Relic

New Relic, Inc. engages in the provision of software solutions. It delivers an open and extensible cloud-based platform that enables organizations to collect, store and analyze massive amounts of data in real time to better operate applications and infrastructure. It offers solutions to e-commerce and retail, media, and public sector industries. The company was founded by Lewis Cirne in September 2007 and is headquartered in San Francisco, CA.

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NEWR reports strong Q1 performance, expects 38% consumption revenue growth

NEWR's Q1 performance reflects robust growth in consumption revenue, profitability, and customer base expansion. Challenges include customer spend reduction and migration impact on short-term revenue growth.

New Relic surpasses Q3 targets, eyes growth through customer focus

New Relic (NEWR) delivered strong financial performance in Q3 2023, exceeding revenue and profitability targets and showcasing robust customer growth.
The company's strategic strengths in product-led growth, pricing advantages, and customer retention initiatives position them well for continued success and revenue expansion.
Challenges in aligning consumption behavior with revenue patterns and balancing profitability amidst expansion efforts highlight areas for strategic focus and operational optimization.
Opportunities in leveraging data adoption rates, multi-year commitments, and market expansion efforts present avenues for sustained growth and profitability in the coming quarters.

New Relic excels in Q4 2023 with consumption model growth and profitability focus

New Relic's Q4 2023 earnings call highlighted strong financial results, customer growth, and product innovation. The company's strategic focus on transitioning to a consumption model, cloud optimization, and profitability enhancement underscores its commitment to sustainable growth. Challenges in customer transition and potential churn rates require careful management.

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New Relic is a digital intelligence company that delivers full-stack visibility and analytics with more than 14,000 paid business accounts. The New Relic digital intelligence platform provides actionable insights to drive digital business results.  The company was founded in 2008 and is headquartered in San Francisco, California.

When it comes to the software observability market, a small, $3.4 billion enterprise software company by the name of New Relic (NYSE:NEWR) is the champion of the space -- and a winning investment over the next 5 to 10 years. The post The New Era of Observability Will Push this Stock Higher appeared first on InvestorPlace.

The New Era of Observability Will Push this Stock Higher

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, virus news and stimulus talks, many smart money investors are starting to get cautious towards the current bull run since March and hedging or reducing many of their long positions. Some fund managers are betting on Dow hitting 30,000 to generate strong returns. However, as we know, big investors usually buy stocks with strong fundamentals that can deliver gains both in bull and bear markets, which is why we believe we can profit from imitating them. In this article, we are going to take a look at the smart money sentiment surrounding New Relic Inc (NYSE:NEWR).

Was The Smart Money Right About New Relic Inc (NEWR)?

New Relic, Inc. (NEWR) CEO Lew Cirne on Q2 2021 Results - Earnings Call Transcript

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the observability platform company, today announced financial results for the second quarter of fiscal year 2021. “In 2Q, we delivered a radically simplified version of the New Relic One observability platform to the market, and the early response from customers has been encouraging,” said Lew Cirne, CEO and founder, New Relic. “At the low end of the market, we're seeing a whole new generation of individual developers adopt our free

New Relic Announces Second Quarter Fiscal Year 2021 Results

SAN FRANCISCO--(BUSINESS WIRE)--Today, New Relic, Inc. (NYSE: NEWR), the observability platform company, announced a five-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS). Under the terms of the agreement, the companies commit to increased product integrations and development, and joint go-to-market activities designed to help customers accelerate and de-risk their cloud adoption journey. New Relic is now positioned as a premier observability solution for AWS. Joint c

New Relic Expands Global Strategic Collaboration Agreement with AWS to Help Companies Accelerate Their Cloud Adoption Journey

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the observability platform company, announced today it was named a Customers' Choice in the 2020 Gartner Peer Insights ‘Voice of the Customer': Application Performance Monitoring [1]. New Relic tied for the highest overall rating of 4.7 out of 5 among the vendors awarded the Customers' Choice distinction. New Relic's recommendation rating of 91 percent is a significant vote of confidence from its global customer base. The report was

New Relic Rated Highest in 2020 Gartner Peer Insights ‘Voice of the Customer': Application Performance Monitoring Suites

SAN FRANCISCO--(BUSINESS WIRE)--NERD DAYS 1.0 - New Relic, Inc. (NYSE: NEWR), the observability platform company, today announced “Observability for Good”, a new product donation program designed to help NGOs, nonprofits, and charities around the world leverage the benefits of observability in order to advance their missions. As part of the announcement, New Relic introduced a new partnership with Code for America, a non-partisan, non-political nonprofit dedicated to improving how government se

New Relic Introduces “Observability for Good” Nonprofit Donation Program

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the observability platform company, announced today that it will report its financial results for the second quarter ended September 30, 2020, after market close on Thursday, November 5, 2020. In conjunction with its earnings press release, New Relic will post an investor letter to the investor relations page of its company website at http://ir.newrelic.com. New Relic will host a conference call to answer questions at 2 p.m. Pacific

New Relic Announces Date of Second Quarter Fiscal Year 2021 Financial Results Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the observability platform company, today announced Nerd Days, a free one-day virtual event dedicated to helping developers build more perfect software. Nerd Days is specifically designed by New Relic engineers as a hands-on-keyboard experience with live coding, demos, workshops, networking breakouts, and expert-led Q&A sessions—minimal slideware guaranteed. The event will feature more than 25 sessions, expert panels, and keynote

Developer Community to Gather at New Relic Nerd Days 1.0

NewRelic is one of a small but important collection of software companies in the application performance management segment.

We're At Speculative Buy On New Relic, A Potential Acquisition Target

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the observability platform company, announced today that it has achieved the AWS Outposts Ready designation, part of the Amazon Web Services (AWS) Service Ready Program.

New Relic Achieves AWS Outposts Ready Designation

New Relic’s stock has moderate upside left based on its valuation, after it rallied from $40 to $58 since March 23rd compared to the S&P which moved 53%. One of the reasons for the recovery was the Fed’s multi-billion dollar stimulus package announced on March 23rd which lifted market sentiments.

Up 45% Since March, Is New Relic’s Stock Too High?

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the observability platform company, today announced the appointment of enterprise technology executive Anne DelSanto and Citrix President and CEO David Henshall to its board of directors.

New Relic Announces Appointment of Anne DelSanto and David Henshall to Its Board of Directors; Hope Cochran Named Chair of the Board

Cloud monitoring specialist New Relic posted better-than-expected quarterly results, but its new strategy seems to have investors concerned.

Down More Than 40% in the Past Year, Is This Growth SaaS Stock a Buy?

SAN FRANCISCO & NEW YORK--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the observability platform company, and Grafana Labs, the world's most popular open source dashboarding platform, today announced an ongoing partnership to drive advanced open instrumentation and visibility for developers and software teams.

New Relic and Grafana Labs Partner to Advance Open Instrumentation

Analysts see big risks despite a first-quarter revenue and earnings beat.

Why New Relic Stock Crashed Today

New Relic's (NEWR) CEO Lew Cirne on Q1 2021 Results - Earnings Call Transcript

New Relic (NEWR) delivered earnings and revenue surprises of 400.00% and 1.83%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

New Relic (NEWR) Q1 Earnings and Revenues Surpass Estimates

New Relic stock edged down as the data analytics company reported second-quarter results after the market close that topped estimates. It's outlook was in line with Wall Street estimates.

New Relic Quarterly Results Top Estimates For Data Analytics Provider

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the observability platform company, today announced that John Siebert will join as executive vice president, sales for the Americas region on August 31, 2020.

New Relic Announces John Siebert as Executive Vice President Sales, Americas

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the observability platform company, today announced financial results for the first quarter of fiscal year 2021.

New Relic Announces First Quarter Fiscal Year 2021 Results

In the monitoring world, typically when you spin up a new instance, you pay a fee to monitor it. If you are particularly active in any given month, that can result in a hefty bill at the end of the month.

New Relic is changing its pricing model to encourage broader monitoring

SAN FRANCISCO--(BUSINESS WIRE)-- #NewRelicOne--New Relic, Inc. (NYSE: NEWR), the observability platform company, today delivered strategic updates to New Relic One.

New Relic Delivers Reimagined Observability Platform With Unified User Experience, and Simple, Predictable Pricing to Help Companies Create More Perfect Software

SAN FRANCISCO--(BUSINESS WIRE)-- #opensource--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 announced that it is making the company’s agents, integrations, and SDKs available under an open source license.

New Relic Makes Industry-Leading Instrumentation Available via Open Source

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, Inc. (NYSE: NEWR), the industry’s largest and most comprehensive cloud-based observability platform built to help customers create more perfect software, announced today that it will report its financial results for the first quarter ended June 30, 2020, after market close on Tuesday, August 4, 2020. In conjunction with its earnings press release, New Relic will post an investor letter to the investor relations page of its company website at http://ir.

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