Dynatrace, Inc. - DT STOCK NEWS

Dynatrace (NYSE: DT) reported impressive financial results for Q4 and fiscal year 2022, achieving a 35% year-over-year growth in Adjusted ARR, and surpassing $1 billion in annualized revenue. The total revenue for Q4 was $253 million, up 31%, while subscription revenue also increased by 31%. Non-GAAP EPS stood at $0.17. However, the company faces an estimated $20 million foreign exchange headwind and a $6 million impact from ceasing operations in Russia and Belarus. New CFO recruitment is underway following the departure of Kevin Burns.

Dynatrace (NYSE: DT) will present at three upcoming investor conferences: J.P. Morgan Global Technology, Media and Communications Conference on May 24 at 3:30 p.m. ET, William Blair Growth Stock Conference on June 7 at 3:40 p.m. ET, and Bank of America Global Technology Conference on June 8 at 12:30 p.m. ET. Live webcasts for these events can be accessed here and will be archived for 30 days on the investor relations section of the Dynatrace website.

Dynatrace focuses on ensuring optimal software performance through its integrated software intelligence platform.

Dynatrace (NYSE: DT) announces that international luxury hotel chain Meliá has enhanced guest experiences by utilizing the Dynatrace platform. Meliá has accelerated its digital transformation by migrating critical applications to a cloud-native environment on AWS, enabling faster service delivery. The platform's observability and AIOps capabilities have improved customer interactions, increasing digital transactions from 40% to over 80% during the pandemic. This shift supports Meliá's focus on optimizing digital services while reducing in-person contact, thus adapting to modern traveler preferences.

Dynatrace (NYSE: DT) has enhanced its advanced AIOps capabilities for databases, including Oracle and Microsoft SQL. This update allows DevOps teams and DBAs to automatically access real-time insights regarding database and application performance. These features will help resolve issues like inefficient queries, improving service availability and user experience. With new API endpoints, teams can optimize database observability and collaboration, driving better business outcomes. Oracle support is available now, with Microsoft SQL support expected in 90 days.

Dynatrace (NYSE: DT) will report its financial results for Q4 and full fiscal year 2022, ending March 31, 2022, before market opening on May 18, 2022. The company will host a conference call at 8:00 a.m. ET on the same day to discuss results and outlook. Interested parties can join via phone or through the webcast on Dynatrace's investor relations site. An audio replay will be available until June 1, 2022. Dynatrace aims to enhance software operations through its comprehensive software intelligence platform.

Dynatrace (NYSE: DT) has announced an expanded strategic partnership with Amazon Web Services (AWS), aimed at enhancing product alignment and go-to-market initiatives. This collaboration will improve accessibility to the Dynatrace Software Intelligence Platform via the AWS Marketplace, facilitating digital transformations for global organizations. The partnership builds on existing efforts, with Dynatrace supporting over 100 AWS services and achieving multiple competencies within the AWS Competency Program, including Migration & Modernization and Machine Learning in Applied AI.

Dynatrace (NYSE: DT) has been recognized as a Leader in the 2022 GigaOm Radar for Cloud Observability Solutions. The report evaluated providers on technical capabilities and innovation, ranking Dynatrace in the Leaders Circle. It highlighted the company's comprehensive approach, combining observability, security, and advanced AIOps, making it suitable for hybrid and multicloud environments. GigaOm awarded Dynatrace the highest scores in all evaluation categories, emphasizing its support for open-source standards like OpenTelemetry as a competitive advantage.

Dynatrace (NYSE: DT) released its "State of SRE Report: 2022 Edition," based on a survey of 450 site reliability engineers (SREs). The report notes that 85% of organizations believe automation and AI are vital for scaling SRE practices. Key findings include: 88% of SREs see increased recognition of their strategic role compared to three years ago, 67% prioritize reducing mean time to recovery, and 99% face challenges in defining service level objectives. The report underscores the need for unified observability platforms to enhance digital transformation.

Dynatrace (NYSE: DT) announced that TSB Bank is enhancing its digital services using the Dynatrace platform. By leveraging multicloud environments on AWS, IBM Cloud, and BT Cloud, TSB aims to improve customer interactions, particularly through mobile channels, where over 70% of transactions occur. The AI-driven capabilities of Dynatrace enable TSB's teams to optimize applications and deliver superior user experiences faster, thereby accelerating their digital transformation efforts.