From Nasdaq: 2024-05-13 12:49:00

Dynatrace (DT) is expected to report fourth-quarter fiscal 2024 results on May 15. Non-GAAP earnings are projected between 26-28 cents per share, with revenues estimated between $372 million and $377 million, indicating an 18-19% increase. Subscription revenues are forecasted to grow 20-22% year-over-year. The company has seen positive growth trends in various partnerships and expansion efforts.

The company’s earnings have consistently exceeded expectations in the past, with an average surprise of 23.19%. Dynatrace’s strong demand for its observability and security platform, along with expanding clientele, is expected to drive its fiscal fourth-quarter performance. The company’s partnerships with major players like Google Cloud and AWS showcase its commitment to growth and innovation. Despite expected seasonal expenses, Dynatrace’s strategic initiatives are likely to support its growth trajectory.

In anticipation of the upcoming earnings announcement, Dynatrace is positioned to showcase its strong performance driven by innovative product offerings and strategic partnerships. The company’s focus on expanding its customer base and enhancing its platform capabilities bodes well for its growth prospects. Stay tuned for the latest updates on Dynatrace’s fourth-quarter results and outlook for the future.



Read more at Nasdaq: Dynatrace (DT) to Report Q4 Earnings: What’s in the Cards?