Welcome to our dedicated page for Dynatrace news (Ticker: DT), a resource for investors and traders seeking the latest updates and insights on Dynatrace stock.
Dynatrace, Inc. (symbol: DT) is a leading cloud-native company specializing in digital performance management. Its core business revolves around analyzing machine data to provide valuable insights for improving customer conversions, accelerating release cycles, and simplifying operations. Dynatrace offers a comprehensive platform delivered as a software-as-a-service (SaaS) solution, enabling clients to monitor and analyze their entire IT infrastructure in real time.
The Dynatrace platform stands out for its ability to ingest and analyze vast amounts of machine-generated data swiftly. This capability allows businesses to use the platform for a variety of applications, including performance monitoring, anomaly detection, and business analytics. By leveraging this technology, companies can ensure optimal performance, enhance user experience, and drive strategic decisions based on real-time data.
In recent years, Dynatrace has achieved significant milestones, including the enhancement of its artificial intelligence (AI) capabilities, the expansion of its customer base, and the forging of strategic partnerships. The company's financial health remains robust, supported by consistent revenue growth and innovative product developments. Current projects at Dynatrace focus on expanding its AI and machine learning features, improving automation, and integrating with more third-party systems to provide a more seamless user experience.
Dynatrace's product portfolio includes solutions for application performance management, infrastructure monitoring, digital experience management, and cloud automation. These products are designed to help businesses maintain high levels of performance and reliability in their digital operations.
To stay updated with the latest developments, investors and stakeholders can follow the Latest News from Dynatrace, which covers a wide range of topics including financial results, product launches, and strategic initiatives. These updates offer valuable insights into the company's progress and future directions.
Dynatrace (NYSE: DT), a leader in observability and security, has been ranked #1 in three out of five Use Cases in the 2024 Gartner Critical Capabilities for Observability Platforms report. The company topped the list in Application Health and Performance Monitoring (4.27/5), Hybrid Infrastructure Platform Operations (4.25/5), and Business Insights (4.22/5). Additionally, Dynatrace was named a Leader in the 2024 Gartner Magic Quadrant for Observability Platforms, positioned furthest for Completeness of Vision and highest for Ability to Execute.
Steve Tack, EVP and Chief Product Officer at Dynatrace, emphasized the importance of AI-powered observability, analytics, and automation in managing complex digital ecosystems. The Dynatrace platform is designed to transform vast amounts of data from cloud-native architectures into actionable insights for IT, development, security, and business teams.
Dynatrace (NYSE: DT), a leader in end-to-end observability and security, has announced its executives' participation in two upcoming investor conferences. The first is the Citi Global TMT Conference on September 4 at 10:50 a.m. ET, followed by the Goldman Sachs Communacopia + Technology Conference on September 9 at 1:10 p.m. ET.
Both presentations will be accessible via live webcasts, with links provided for each event. These webcasts will also be available on the Investor Relations section of the Dynatrace website (http://ir.dynatrace.com) and will remain archived there for 30 days after the events.
Dynatrace (NYSE: DT) has been named a Leader in the 2024 Gartner Magic Quadrant for Observability Platforms, positioning furthest for Completeness of Vision and highest for Ability to Execute among 17 evaluated vendors. This marks the 14th consecutive time Gartner has recognized Dynatrace as a Leader in Observability.
Additionally, Dynatrace was named a Customers' Choice in the December 2023 Gartner Peer Insights Voice of the Customer for Application Performance Monitoring and Observability Report for the fifth consecutive year. Steve Tack, EVP and Chief Product Officer at Dynatrace, emphasized the company's commitment to being the observability and security platform of choice for successful companies in complex cloud-native environments.
Dynatrace (NYSE: DT) reported robust financial results for Q1 FY2025, ending June 30, 2024. Key highlights include exceeding guidance, with ARR growing 20% year-over-year on a constant currency basis to $1,541 million. Revenue reached $399 million, up 20%, while subscription revenue increased 21% to $382 million.
GAAP operating income was $42 million with an 11% margin, and non-GAAP operating income was $114 million with a 29% margin. GAAP EPS was $0.13, and non-GAAP EPS was $0.33 per diluted share. The company’s AI-driven end-to-end observability platform remains a key differentiator.
Recent business highlights include platform extensions (Site Reliability Guardian, Davis Anomaly Detection, and Vulnerabilities App) and product expansions (Kubernetes Security Posture Management). Dynatrace also strengthened partnerships, notably integrating with AWS Application Migration Service. The company repurchased 1.1 million shares for $50 million.
For Q2 FY2025, Dynatrace expects revenue between $404-$407 million and non-GAAP EPS of $0.32-$0.33.
Dynatrace (NYSE: DT) celebrates its 5-year IPO anniversary, marking sustained growth and market leadership in end-to-end observability and security. Key achievements include:
- Joining the elite 8% of public software companies exceeding $1 billion in annual revenue
- Empowering over 4,000 organizations with observability capabilities
- Achieving a 28% compound annual revenue growth rate
- Generating nearly $5 billion in cumulative revenue and over $1 billion in operating cash flow
- Delivering a stock return of nearly 180% since IPO
CEO Rick McConnell and CTO Bernd Greifeneder emphasize Dynatrace's transformation, innovation, and commitment to customer success. The company focuses on AI-powered observability, analytics, and automation to help customers navigate challenges in software delivery and data management.
Dynatrace (NYSE: DT), a leader in unified observability and security, has announced it will release its first quarter fiscal 2025 financial results on August 7, 2024, before U.S. financial markets open. The company will host a conference call and live webcast at 8:00 a.m. Eastern Time on the same day to discuss the results and business outlook.
Investors can access the call from the U.S. and Canada by dialing (866) 405-1247, or internationally at (201) 689-8045 with conference ID # 13747991. A live webcast will be available on Dynatrace's investor relations website. An audio replay will be accessible until October 6, 2024, and an archived webcast will be available on the company's IR site.
Dynatrace has become the first AWS partner to integrate its observability platform with AWS Application Migration Service (MGN), enabling seamless installation and deployment for organizations migrating to the AWS cloud. This integration offers immediate access to Dynatrace's comprehensive observability features, ensuring optimal application performance, cost management, and user experience. The service helps maintain high performance, manage costs by identifying resource-heavy application parts, and improve user experiences through detailed insights. Additionally, it aids in compliance and security by providing detailed logs and performance metrics. The integration is now generally available.
Dynatrace (NYSE: DT), a leader in unified observability and security, has been named a winner in the 2024 Microsoft Americas Partner of the Year Awards under the Commercial Marketplace, Canada category. The recognition highlights Dynatrace's innovation and success in delivering customer solutions using Microsoft technologies. The award acknowledges partners who have created exceptional Microsoft-based solutions, with honorees selected from over 2,000 nominations. Dynatrace also won the Commercial Marketplace category for LATAM and was a finalist for the ISV Innovator Award in Canada. The awards will be announced at the Americas Start for Partners event on July 12, 2024.
Jay Snyder, SVP of Global Partner and Alliances, emphasized the importance of the recognition and Dynatrace's role in accelerating digital transformation through unified observability and security. Nina Harding, Corporate VP, Americas Global Partner Solutions, praised the innovation and collaboration of the awardees in transforming businesses on the Microsoft Cloud.
Gigamon announced the Power of 3 Cloud Integration Initiative aimed at enhancing the security and management of hybrid cloud infrastructures. This initiative brings together Gigamon, Dynatrace, and Trace3 to provide a robust observability solution. By integrating Dynatrace's platform with Gigamon’s Deep Observability Pipeline, the partnership aims to offer customers greater visibility and actionable insights across hybrid cloud environments. This collaboration seeks to reduce Mean Time to Respond (MTTR) and Mean Time to Innocence (MTTI), proactively detect vulnerabilities, and enhance security postures.
Dynatrace (NYSE: DT) reported its fourth quarter and full year fiscal 2024 financial results, surpassing its guidance on key metrics. The company achieved a 21% increase in total revenue, reaching $381 million for the quarter, and an annual recurring revenue (ARR) of $1.504 billion, marking a 20% growth. Subscription revenue also saw a 23% rise, amounting to $360 million. The GAAP operating margin was recorded at 9%, with a non-GAAP operating margin of 28%. Additionally, Dynatrace announced a $500 million share repurchase program.
For the full fiscal year 2024, the total revenue was $1.431 billion, reflecting a 23% increase, and the subscription revenue grew by 25% to $1.359 billion. The company reported GAAP EPS of $0.52 and non-GAAP EPS of $1.20. Moreover, Dynatrace closed a record number of high-value deals and completed the acquisition of Runecast, enhancing its AI-driven security capabilities.
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