Dynatrace, Inc. - DT STOCK NEWS

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.

Dynatrace (NYSE: DT) has announced that U-Haul is leveraging its Software Intelligence platform to enhance digital transformation efforts amid the pandemic. U-Haul has developed new digital services such as contactless reservations and improved user journeys, resulting in better feature adoption and conversion rates. Utilizing Davis® AIOps capabilities, U-Haul gains real-time insights into user interactions and application performance, significantly reducing development cycles and enhancing revenue potential. This partnership is aimed at ensuring a seamless customer experience and driving increased operational efficiencies.

Dynatrace (NYSE: DT) has partnered with Park ‘N Fly, enhancing its digital capabilities through advanced software intelligence. The collaboration aims to accelerate development cycles and improve user experiences across mobile and web platforms. By adopting a cloud-native architecture with Dynatrace's AI-driven observability, Park ‘N Fly has achieved a 29% faster development cycle, with notable improvements during peak periods. This strategic move is crucial as the travel sector struggles post-pandemic, and highlights Dynatrace's role in enabling innovation in challenging environments.

Dynatrace (NYSE: DT) has appointed Kirsten Wolberg to its board of directors. Wolberg, a seasoned executive with experience at DocuSign, Salesforce, and PayPal, brings valuable expertise in technology and operations. CEO John Van Siclen emphasized her ability to aid in scaling Dynatrace's business and enhancing strategic execution. Wolberg expressed excitement about joining at a pivotal moment for the company, aiming to contribute to its growth in the global market.