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.

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, the all-in-one observability platform for every engineer, announced that Ashan Willy has been appointed Chief Executive Officer, effective December 4. “I have long admired New Relic as a true pioneer in the observability market, and am honored to have the opportunity to lead the company as it embarks on the next phase of its journey,” said Willy. “The opportunity ahead of us is significant, and I believe New Relic is uniquely positioned to address cust.

New Relic Appoints Ashan Willy as Chief Executive Officer

SAN FRANCISCO--(BUSINESS WIRE)-- #AImonitoring--New Relic, the all-in-one observability platform for every engineer, launched New Relic AI monitoring (AIM), the industry's first APM solution for AI-powered applications. New Relic is pioneering AI observability with AIM to provide engineers unprecedented visibility and insights across the AI application stack, making it easier to troubleshoot and optimize their AI applications for performance, quality, cost, and responsible use of AI. With 50+ integrations and.

New Relic Launches Industry's First APM for AI

SAN FRANCISCO--(BUSINESS WIRE)--New Relic, the all-in-one observability platform for every engineer, announced that Francisco Partners and TPG have completed their all-cash acquisition of New Relic for $87.00 per share, representing an equity valuation of approximately $6.5 billion. The acquisition agreement was previously disclosed on July 31, 2023, and approved by New Relic stockholders at a special meeting held on November 1, 2023. The transaction establishes New Relic as a private company w.

Francisco Partners and TPG Complete Acquisition of New Relic

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced that its stockholders have voted to approve the acquisition of New Relic by Francisco Partners and TPG in a special meeting held yesterday. As previously announced, under the terms of the merger agreement, New Relic stockholders will receive $87.00 per share in cash for each share of New Relic common stock that they own. More than 99% of votes cast at the meeting were vote.

New Relic Stockholders Approve Acquisition by Francisco Partners and TPG

SAN FRANCISCO--(BUSINESS WIRE)-- #earnings--New Relic, Inc. (NYSE: NEWR), the all-in-one observability platform for every engineer, announced financial results for the second quarter of fiscal year 2024. Fiscal 2024 Second Quarter Results: Revenue: Total revenue was $242.8 million, up 7% from $226.9 million one year ago. Consumption revenue was $223.3 million, up 33% year over year. Gross Margin and Non-GAAP Gross Margin(1): Gross margin was 78.3%, compared to 71.5% one year ago. Non-GAAP gross margin was.

New Relic Announces Second Quarter Fiscal Year 2024 Results

SAN FRANCISCO--(BUSINESS WIRE)-- #apm--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced it has been named a Leader in the 2023 GigaOm Radar for APM. The report positions New Relic closest to the center of all four axes (Innovation, Maturity, Feature Play, and Platform Play), outperforming direct competitors in the observability space, and as the only vendor with outstanding focus and execution across all Key Criteria and Evaluation Metrics. This position repr.

New Relic Named an APM Leader by GigaOm

NEW YORK , Oct. 11, 2023 /PRNewswire/ -- Julie & Holleman LLP, a preeminent law firm focused on shareholder rights, is investigating the proposed $6.5 billion acquisition of New Relic, Inc. (NYSE: NEWR) by investment firms Francisco Partners and TPG. The firm is concerned about the adequacy of the $87 per share price as well as potential conflicts of interest.

Shareholder Rights Firm Julie & Holleman LLP Investigates Proposed Buyout of New Relic and Encourages Investors to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, Inc. ("New Relic" or "the Company") (NYSE:NEWR) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company's agreement to be acquired by Francisco Partners ("Francisco"). The investigation focuses on determining if the New Relic board breached its fiduciary duties to shareholders by failing to conduct a fair process prior to the agreement, and whether Francisco is underpaying for the Company.

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / September 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, Inc. ("New Relic" or "the Company") (NYSE:NEWR) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company's agreement to be acquired by Francisco Partners ("Francisco"). The investigation focuses on determining if the New Relic board breached its fiduciary duties to shareholders by failing to conduct a fair process prior to the agreement, and whether Francisco is underpaying for the Company.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of New Relic (NYSE: NEWR) to Francisco Partners and TPG. Under the terms of the proposed transaction, shareholders of New Relic will receive $87.00 in cash for each share of New Relic that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the.

NEW RELIC INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of New Relic - NEWR

LOS ANGELES, CA / ACCESSWIRE / September 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, Inc. ("New Relic" or "the Company") (NYSE:NEWR) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company's agreement to be acquired by Francisco Partners ("Francisco"). The investigation focuses on determining if the New Relic board breached its fiduciary duties to shareholders by failing to conduct a fair process prior to the agreement, and whether Francisco is underpaying for the Company.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm

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META vs. NEWR: Which Stock Is the Better Value Option?

SAN FRANCISCO--(BUSINESS WIRE)-- #newrelic--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, launched New Relic Session Replay to provide engineers with vital context through a video-like playback feature to reproduce and resolve issues faster. With this, engineers gain a deeper understanding of users' interactions and optimize digital experiences with a granular view of telemetry data, down to the code level. Provided as an integrated capability of the New Relic all-in-one.

New Relic Launches Session Replay

LOS ANGELES, CA / ACCESSWIRE / September 18, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, Inc. ("New Relic" or "the Company") (NYSE:NEWR) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company's agreement to be acquired by Francisco Partners ("Francisco"). The investigation focuses on determining if the New Relic board breached its fiduciary duties to shareholders by failing to conduct a fair process prior to the agreement, and whether Francisco is underpaying for the Company.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm

AMSTERDAM--(BUSINESS WIRE)--IBC Show – Mux, the leading provider of online video infrastructure, announced an integration with New Relic, the all-in-one observability platform for every engineer, that delivers end-to-end visibility into streaming video products across platforms. Engineering and operations teams can now correlate Mux Data with application and infrastructure performance in the New Relic platform to quickly detect and troubleshoot issues, ensuring a consistently high Quality of Ex.

Mux Announces Integration with New Relic for All-in-One Streaming Video Observability

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, announced the completion of the 45-day “go-shop” period pursuant to the terms of the previously announced definitive agreement to be acquired by Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG, a leading global alternative asset management firm, for $87.00 per share in cash, representing an equity valuation of a.

New Relic Announces Completion of “Go-Shop” Period

LOS ANGELES, CA / ACCESSWIRE / September 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in New Relic, Inc. ("New Relic" or "the Company") (NYSE:NEWR) for potential breaches of fiduciary duty on the part of its directors and management in connection with the Company's agreement to be acquired by Francisco Partners ("Francisco"). The investigation focuses on determining if the New Relic board breached its fiduciary duties to shareholders by failing to conduct a fair process prior to the agreement, and whether Francisco is underpaying for the Company.

INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against New Relic, Inc. and Encourages Investors with Losses to Contact the Firm

PHILADELPHIA , Sept. 7, 2023 /PRNewswire/ -- The law firm of Kaskela Law LLC announces that it is investigating the fairness of the recently proposed buyout of New Relic, Inc. ("New Relic") (NYSE: NEWR) shareholders by private equity firms Francisco Partners and TPG at $87.00 per share.

NEWR SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation into New Relic, Inc. - Does $87 Per Share Represent Sufficient Consideration for NEWR Investors?

SAN FRANCISCO--(BUSINESS WIRE)-- #gptw--New Relic (NYSE: NEWR), the all-in-one observability platform for every engineer, is honored by Great Place To Work® and PEOPLE magazine as one of the 2023 PEOPLE Companies That Care®. This is the second consecutive time New Relic has been named to this prestigious list. To earn and maintain its spot, New Relic provides comprehensive benefits, a commitment to charitable work, as well as personal accounts from employees on its impact. New Relic has taken numerous.

New Relic Earns Spot on 2023 PEOPLE Companies That Care List

SAN FRANCISCO--(BUSINESS WIRE)-- #AI--New Relic announced that it has enhanced its AIOps capabilities with recommended alerts.

New Relic Enhances AIOps with the Industry's First AI Recommended Alerts

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating the fairness of the recently proposed buyout agreement of New Relic, Inc. (“New Relic”) (NYSE: NEWR) stockholders by private equity firms Francisco Partners and TPG at $87.00 per share. The $87.00 per share buyout price appears to undervalue New Relic's shares. Notably, at the time the proposed buyout was negotiated and announced, several stock analysts had assigned price targets on New Relic's shares well above t.

BUYOUT INVESTIGATION: Kaskela Law LLC Announces Investigation of New Relic (NYSE: NEWR) Buyout: Does $87.00 Per Share Represent Sufficient Cash Out Payment for NEWR Shares?

SAN DIEGO--(BUSINESS WIRE)--Robbins Geller Rudman & Dowd LLP announces an investigation into potential breaches of fiduciary duty by the directors and officers of New Relic, Inc. (NYSE: NEWR) in connection with the July 31, 2023 announcement by New Relic that it had agreed to be acquired by Francisco Partners and TPG for $6.5 billion – an amount “hundreds of millions of dollars” below what Francisco Partners and TPG had reportedly offered just two months prior. If you are currently a New Re.

NEWR INVESTIGATION ALERT: Robbins Geller Rudman & Dowd LLP Announces Investigation into the Buyout Announcement by New Relic, Inc. and Encourages Investors in New Relic to Contact the Firm

PHILADELPHIA , Aug. 16, 2023 /PRNewswire/ -- Kaskela Law LLC announces that it has launched an investigation into the fairness of the recently proposed buyout of New Relic, Inc. ("New Relic") (NYSE: NEWR) shareholders by private equity firms Francisco Partners and TPG at $87.00 per share . The $87.00 per share buyout price appears to undervalue New Relic's shares.

NEWR INVESTIGATION ALERT: Kaskela Law LLC Announces Shareholder Investigation Launched into Fairness of $87 Per Share Proposed Buyout of New Relic Shareholders - NEWR

Light & Wonder Inc

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the directors of New Relic, Inc. (“New Relic”) (NYSE: NEWR) breached their fiduciary duties to its shareholders in approving a merger with subsidiaries of TPG Capital Management, L.P. (“TPG”) and Francisco Partners Management, L.P. (“Francisco Partners”) (NASDAQ: LNW) for inadequate consideration. If you are a New Relic shareholde.

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