Dynatrace, Inc. - DT STOCK NEWS

Dynatrace (NYSE: DT) will announce its financial results for Q1 of fiscal 2022, ending June 30, 2021, on July 28, 2021, before market open. A conference call to discuss the results and business outlook is scheduled for 8:00 a.m. ET on the same day. Investors can access the call via dedicated phone lines or through a live webcast on the company’s investor relations website. An audio replay and archived webcast will be available post-call.

Dynatrace (NYSE: DT) has announced that the State of Minnesota is utilizing its Software Intelligence Platform to enhance the reliability of its online unemployment insurance portal. The platform addresses a surge in demand during the pandemic, which saw monthly traffic spike from 638,000 visits to a peak of 6.6 million. With AIOps capabilities, the Minnesota IT Services team benefits from real-time visibility and proactive issue resolution, resulting in fewer IT problems and improved service delivery. This aids in rapid application updates amid fluctuating demands.

Dynatrace (NYSE: DT) has launched the Davis® Security Advisor, an AI-driven tool to enhance application security. This innovation identifies and prioritizes vulnerabilities in software libraries and open-source packages, allowing DevSecOps teams to address significant risks efficiently. According to Forrester Research, 89% of CISOs find modern architectures complicate vulnerability management. The Security Advisor is designed to tackle these challenges by automating the detection process and prioritizing remediation based on factors like vulnerability severity and business impact. This tool will be available within 30 days.

Dynatrace (NYSE: DT) reported robust financial results for Q4 FY2021, with total ARR reaching $774 million, a 35% year-over-year increase. Total revenue surged 31% to $197 million, driven by a 35% jump in subscription revenue, which constituted 93% of total revenue. The company achieved a GAAP EPS of $0.09 and a non-GAAP EPS of $0.15. Looking forward to FY2022, Dynatrace projects total revenue between $885 million to $900 million, anticipating 26% to 28% growth.

Dynatrace (NYSE: DT) announced its executives will present at three major investor conferences. The JP Morgan Global Technology, Media and Communications Conference is scheduled for May 26 at 9:40 a.m. ET, followed by the William Blair Growth Stock Conference on June 1 at 12:20 p.m. ET, and the Baird Global Consumer, Technology & Services Conference on June 8 at 1:25 p.m. ET. Webcasts of the presentations will be available on the Dynatrace investor relations website and archived for 30 days.

Dynatrace (NYSE: DT) announced the introduction of agentless support for OpenTelemetry, enhancing customer capabilities to send data directly to the Dynatrace® Platform. This feature complements the already captured OpenTelemetry data. Tim Gerlach from SAP emphasized the platform’s ability to streamline complex multicloud data management through its AIOps and automation, boosting service optimization. The updates, aimed at simplifying observability in cloud-native technologies, will be available within 90 days.

Dynatrace (NYSE: DT) announced its Software Intelligence Platform scored the highest in four out of five use cases in the April 2021 Gartner Critical Capabilities for APM report. This evaluation included 15 vendors, with Dynatrace excelling in DevOps/AppDev, SRE/CloudOps, IT Operations, and Digital Experience Monitoring. Additionally, it secured the second-highest rating in the Application Owner/Line of Business use case. This recognition aligns with its designation as a leader in the 2021 Gartner Magic Quadrant for APM, marking Dynatrace's 11th consecutive leadership position.

Dynatrace (NYSE: DT) has been named a Leader in the 2021 Gartner Magic Quadrant for Application Performance Monitoring (APM), marking its 11th consecutive appearance in this category. The company was recognized for its superior performance in both Ability to Execute and Completeness of Vision. Dynatrace's innovative Software Intelligence Platform integrates cloud observability, automatic log capture, and AI-driven insights to manage increasing cloud complexity. This recognition underscores Dynatrace's position in a rapidly evolving market and highlights its commitment to delivering exceptional customer value.

Dynatrace (NYSE: DT) will report its fiscal fourth quarter and full year results, ending March 31, 2021, before market open on May 12, 2021. A conference call and live webcast will be held at 8:00 a.m. ET on the same day to discuss the results and future business outlook. Investors can access the call via phone or through the company's website. The call will also be recorded for future access until May 26, 2021. Dynatrace provides software intelligence to enhance cloud performance and facilitate digital transformation for leading enterprises.