Dynatrace, Inc. - DT STOCK NEWS

Dynatrace has launched its DevSecOps Automation Partner Program, enabling partners to enhance their offerings through seamless integrations with the Dynatrace platform. This initiative simplifies toolchains for development teams, allowing faster and more secure delivery of high-quality code. The program includes access to over a dozen leading solutions like Bitbucket, Azure DevOps, and Jira Software, and aims to reduce manual effort in managing complex toolchains. Integrations will be available in the Dynatrace Hub within 90 days of this announcement.

Dynatrace (NYSE: DT) has enhanced its Application Security Module to offer real-time automatic attack detection and blocking, focusing on vulnerabilities like Log4Shell. This advancement allows organizations to protect their applications dynamically and strengthens DevSecOps automation. Features include precise vulnerability identification, proactive remediation integrated into DevOps, and runtime self-protection against key threats. These enhancements are expected to be available within 120 days. The improvements aim to reduce security risks and optimize the software development lifecycle.

Dynatrace (NYSE: DT) has expanded its observability platform to include Microsoft Azure Functions and Google Cloud Functions, enhancing its existing support for AWS Lambda. This extension allows DevOps and SRE teams to automatically analyze, troubleshoot, and optimize serverless applications, fostering innovation at scale. The new capabilities will be available to customers within the next 90 days, improving end-to-end visibility in complex, multi-cloud environments.

Dynatrace (NYSE: DT) announced enhancements to its software intelligence platform, aimed at accelerating the development of secure and high-quality applications. These updates allow developers to incorporate observability, application security, and AIOps capabilities directly into their code. By promoting everything-as-code practices, organizations can automate resources throughout the software development lifecycle, ensuring adherence to performance and security standards. These enhancements will be available within 90 days of the announcement.

Dynatrace reported robust financial results for Q3 FY2022, with an Annualized Recurring Revenue (ARR) of $930 million, up 29% year-over-year. Total revenue reached $241 million, reflecting a 32% increase. Subscription revenue, comprising 94% of total revenue, climbed 33% year-over-year. The company achieved a non-GAAP EPS of $0.18, showing positive growth in customer acquisition with 206 new logos added in the quarter. Looking ahead, Dynatrace raised its guidance for Q4 and FY2022, aiming for continued market expansion.

Dynatrace (NYSE: DT) released a global survey of 1,300 CIOs highlighting the challenges of managing multicloud environments. 99% of organizations utilize multicloud strategies, averaging five platforms, leading to complexity and an over-reliance on manual processes. 42% of IT teams' time is wasted on routine tasks, which hampers innovation. The report calls for AI-driven solutions to streamline operations and improve observability, as traditional monitoring methods fall short. Only 56% of IT leaders find existing solutions adequate in the current multicloud landscape.

Dynatrace (NYSE: DT) will release its third-quarter financial results for fiscal 2022 on February 2, 2022, before market open. A conference call will follow at 8:00 a.m. ET on the same day to discuss the results and future outlook. Investors can join the call by dialing (866) 405-1247 from the U.S. and (201) 689-8045 internationally. The audio replay will be available until February 16, 2022. Dynatrace specializes in software intelligence that simplifies cloud operations, allowing businesses to innovate faster and enhance user experiences.

Epidemic Sound announces the appointment of Andrew Fisher, former CEO of Shazam, as the new Chairperson of the Board, succeeding Vania Schlogel, who will remain a board director. Fisher's extensive experience in the music technology sector and leadership roles at companies like Rightmove and Marks and Spencer are seen as assets for the company's growth. The recent board expansion, including new directors Kirsten Wolberg and Adrienne Gormley, aims to strengthen the company's position in the creator economy and foster further development.

Dynatrace (NYSE: DT) has achieved the AWS Migration and Modernization Competency status, demonstrating its technical proficiency in assisting large organizations with cloud migration and application modernization. This recognition enhances Dynatrace's reputation as an expert in modern cloud observability and solidifies its partnership with AWS. The company also holds additional AWS competencies, including Applied AI and Government Competencies, making it the only observability provider with all three. This designation affirms Dynatrace's commitment to simplifying cloud complexity for businesses.