New Relic Posts Strong FQ1 Revenue, Beats On Profit And Guides Above Street Expectations

2067062407_c0ebf2204e_o New Relic reported its first quarter, fiscal 2016 performance today, including better than expected revenue, and lower than expected per-share loss. While the latter clause is correct, it’s worth noting that on either a normal (GAAP) and adjusted (non-GAAP) basis, New Relic lost more in its most recent quarter than it did in the comparable year-ago period. However, due to changes in… Read More

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