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)-- #APM--New Relic (NYSE: NEWR), the observability company, today announced it has joined the Atlassian Platform Partner Program as part of the Atlassian Open DevOps solution that integrates Jira Software with popular DevOps tools. New Relic has integrated errors inbox with Jira Software to empower developers to easily access and set up full stack error tracking and software performance monitoring from inside Jira Software, Atlassian's issue and project management tool. W

New Relic Brings Error Tracking into Atlassian Open DevOps Solution

Shares of New Relic have been on a win streak since mid-May, powered by a string of strong quarterly results. The company just released fiscal Q1 results that featured better-than-expected growth and a bump in margins.

New Relic: The Rally Is Just Beginning

After a couple of years of slumping results, the company is starting to get back to growth.

Why New Relic Stock Was Up Today

New Relic Inc. (NYSE:NEWR ) Q1 2023 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Peter Goldmacher - IR Bill Staples - CEO Mark Sachleben - CFO Conference Call Participants Kingsley Crane - Canaccord Angie Ng - Morgan Stanley Yun Kim - Loop Capital Markets Eric Heath - KeyBanc Mike Cikos - Needham Richard Poland - RBC Capital Markets Operator Good afternoon. Thank you for attending today's New Relic First Quarter Fiscal 2023 Financial Results Conference Call.

New Relic Inc. (NEWR) CEO Bill Staples on Q1 2023 Results - Earnings Call Transcript

New Relic (NEWR) delivered earnings and revenue surprises of 27.78% and 1.78%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

New Relic (NEWR) Reports Q1 Loss, Tops Revenue Estimates

SAN FRANCISCO--(BUSINESS WIRE)-- #CFO--New Relic (NYSE: NEWR), the observability company, announced David Barter as the company's next Chief Financial Officer. In this role, Barter will oversee global finance operations. Barter will assume the CFO role from Mark Sachleben, who, as previously announced, will retire from the company after 14 years of service. “David brings exceptional experience accelerating the business goals of high growth companies like Microsoft and General Electric, and is the righ

New Relic Announces David Barter as Chief Financial Officer

SAN FRANCISCO--(BUSINESS WIRE)-- #earnings--New Relic, Inc. (NYSE: NEWR), the observability company, today announced financial results for the first quarter of fiscal year 2023. “Q1 was a strong start for New Relic as we beat both top and bottom line expectations,” said New Relic CEO Bill Staples. “We continue to execute well against the four priorities we articulated on the last earnings call, and we are updating guidance to reflect our added focus on achieving non-GAAP profitability for the full year.” F

New Relic Announces First Quarter Fiscal Year 2023 Results

New Relic (NEWR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: New Relic (NEWR) Q1 Earnings Expected to Decline

SAN FRANCISCO--(BUSINESS WIRE)-- #APM--New Relic (NYSE: NEWR), the observability company, today announced the general availability of New Relic Monitoring for SAPⓇ Solutions, the industry's first native observability solution delivered in an agentless manner for enterprises running critical business processes on SAP systems. The solution empowers IT teams to better support business operations by harnessing existing SAP data sources to access all necessary telemetry data and avoids the need to install

New Relic Launches Agentless Monitoring for SAPⓇ Solutions

SAN FRANCISCO--(BUSINESS WIRE)-- #ESG--New Relic (NYSE: NEWR), the observability company, published its inaugural environmental, social, and governance (ESG) 2022 Impact Report. The report encompasses New Relic's approach to ESG, including making significant achievements in pay equity across race and gender, obtaining HITRUST certification to strengthen data security and privacy, measuring Scope 1, 2 and 3 greenhouse gas emissions, and providing more than $6.5 million in product and discounts to nonpr

New Relic Releases Inaugural ESG Impact Report for Fiscal Year 2022

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SAN FRANCISCO--(BUSINESS WIRE)-- #earnings--New Relic, Inc. (NYSE: NEWR), the observability company, announced today that it will report its financial results for the first quarter ended June 30, 2022, after market close on Thursday, August 4, 2022. New Relic will host a conference call to discuss its results at 2 p.m. Pacific Time (5 p.m. Eastern Time) on Thursday, August 4, 2022. The conference call can be accessed by dialing (646) 904-5544 from the United States or (929) 526-1599 internationally with co

New Relic Announces Date of First Quarter Fiscal Year 2023 Financial Results Conference Call

SAN FRANCISCO--(BUSINESS WIRE)-- #APM--New Relic (NYSE: NEWR), the observability company, today announced the availability of New Relic Partner Stack, an enhanced program expanding New Relic's commitment to cloud providers, channel partners, managed service providers, and technology partners. The New Relic Partner Stack provides New Relic's 1,000+ global partners with training and accreditation programs, marketing campaigns, personnel support, and sales tools and resources, to provide their own custom

New Relic Launches Partner Stack to Accelerate Channel Partner Program

Jana Partners Doubles Down on New Relic

JANA has been using a three-pronged strategy to build value at different companies. It recently won two board seats at New Relic.

JANA wins two board seats at software firm New Relic. This is what may be ahead

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the observability company, announced it has been named a Leader in the 2022 Gartner Magic Quadrant for Application Performance Monitoring and Observability. The report provides an assessment of 19 application performance monitoring (APM) and observability vendors based on specific evaluation metrics, including current product capabilities, market understanding and responsiveness, innovation, customer experience, and strategy. New Relic is

New Relic Named a Leader in the 2022 Gartner® Magic Quadrant™ for APM and Observability for 10th Consecutive Time

SAN FRANCISCO--(BUSINESS WIRE)--New Relic (NYSE: NEWR), the observability company, today announced several updates related to its Board of Directors. As the result of its ongoing board refreshment process, New Relic has appointed Pali Bhat to the Board of Directors, effective June 13, 2022. Mr. Bhat brings to New Relic's Board more than 15 years of expertise in leading teams and products across consumer services, developer platforms, fintech, and cloud. He has served as the Chief Product Office

New Relic Adds Board Members as Part of Ongoing Board Refresh

Microsoft

New Relic ( NEWR , Financial) a software company that offers a platform which focuses on IT observability. It was founded in 2008 and went public in 2014.

New Relic Scores Landmark Microsoft Partnership

New Relic, which has long been known for its observability platform, is entering the security market today with the launch of a new vulnerability management service. Aptly named New Relic Vulnerability Management, the service aggregates data from botth its own native vulnerability detection system and third-party tools, giving security, DevOps, SecOps and SRE teams a […]

New Relic enters the security market with its new vulnerability management service

LAS VEGAS--(BUSINESS WIRE)-- #microsoft--FUTURESTACK—New Relic (NYSE: NEWR), the observability company, announced a strategic partnership with Microsoft to help enterprises accelerate cloud migration and multi-cloud initiatives. With this partnership, Microsoft Azure customers can use New Relic as their default observability platform natively inside Azure Portal. In addition to the integration enhancements, Azure customers can allocate their multi-year committed Azure spend to leverage New Relic. This makes

New Relic Announces Product Integrations and Multi-Year Commercial Partnership with Microsoft Azure

LAS VEGAS--(BUSINESS WIRE)-- #newrelic--FUTURESTACK—New Relic (NYSE: NEWR), the observability company, introduced New Relic Vulnerability Management to help organizations find and address security risks faster and with greater precision. With this launch, every engineer in the software team, including security engineering teams, can use New Relic as the default platform to aggregate native and third party security signals in context of the entire software stack for a comprehensive approach to security and

New Relic Introduces Vulnerability Management

LAS VEGAS--(BUSINESS WIRE)--FUTURESTACK—New Relic (NYSE: NEWR), the observability company, announced that it has expanded its Instant Observability ecosystem of integrations, tools, and pre-built observability resources by nearly 20% in six months, and added enhancements to the product experience to empower every engineer to get started with observability in minutes. As part of New Relic's commitment to make observability an open, data-driven and daily engineering practice, the catalog now offe

New Relic Expands Instant Observability Ecosystem

LAS VEGAS--(BUSINESS WIRE)--FUTURESTACK—New Relic (NYSE: NEWR), the observability company, announced enhancements to its Application Performance Monitoring (APM) to automatically collect logs in context with application metrics and traces. Logs are critical for observability, and automatically coupling logs collection with APM allows engineers to immediately investigate relevant logs associated with their other telemetry data, helping them troubleshoot their applications faster. This new featur

New Relic Brings Logs into Application Performance Monitoring

Full-stack observability provider New Relic announces the launch of a new vulnerability management solution.

New Relic releases new vulnerability management solution

VALENCIA, Spain--(BUSINESS WIRE)--KUBECON EU—New Relic (NYSE: NEWR), the observability company, announced a series of product innovations and enhancements at KubeCon + CloudNativeCon Europe 2022 to help millions of engineers take a daily, data-driven approach to Kubernetes observability. New Relic re-architected its Kubernetes integration to reduce the overhead associated with monitoring Kubernetes environments with an improved memory footprint, flexible scraping intervals, and more. In additio

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