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New Relic Inc - NEWR STOCK NEWS

Welcome to our dedicated page for New Relic news (Ticker: NEWR), a resource for investors and traders seeking the latest updates and insights on New Relic stock.

New Relic, Inc. (NEWR) provides essential software analytics solutions that power digital transformation for enterprises worldwide. This dedicated news hub offers investors and technology professionals centralized access to official corporate announcements and strategic updates.

Track critical developments including quarterly earnings reports, product enhancements to the New Relic Observability Platform, and collaborations shaping the future of application performance management. Our curated collection ensures timely access to operational milestones, leadership changes, and market expansion initiatives.

Discover updates on New Relic's AI-driven analytics innovations, cloud infrastructure partnerships, and DevOps ecosystem integrations. The repository serves as a strategic resource for understanding the company's growth trajectory in the competitive software monitoring sector.

Bookmark this page for streamlined monitoring of New Relic's progress in delivering real-time performance insights and maintaining technological leadership. Return regularly to stay informed about developments impacting digital business optimization strategies.

News

New Relic Stockholders Approve Acquisition by Francisco Partners and TPG

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New Relic stockholders have approved the acquisition of the company by Francisco Partners and TPG. Stockholders will receive $87.00 per share in cash. Over 99% of votes cast were in favor of the transaction. The acquisition is expected to close on or around November 8, 2023.
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New Relic Announces Second Quarter Fiscal Year 2024 Results

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New Relic announces Q2 fiscal year 2024 financial results with total revenue of $242.8 million, up 7% YoY. Non-GAAP operating margin improves to 19%.
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Retailers Report Median Annual Outage Cost is Nearly $10 Million

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New Relic's State of Observability for Retail report reveals that retailers are increasing their investment in observability tools to reduce downtime and improve incident resolution. The report shows that observability provides significant business value, with many retailers reporting $5 million in total value per year from their investments. U.S. online holiday sales are expected to reach $221.8 billion, driving retailers to focus on creating a seamless digital customer experience. Retailers are spending more on observability, with 49% spending $500,000 or more per year. The report also highlights the importance of tool consolidation and the adoption of new capabilities.
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New Relic Named an APM Leader by GigaOm

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New Relic named Leader in the 2023 GigaOm Radar for APM, representing highest value to customers and innovation
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New Relic Launches Session Replay

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New Relic launches Session Replay feature to provide engineers with vital context through video-like playback, helping them reproduce and resolve issues faster. It offers a cost-effective way to capture and scale sessions, increasing data flow and driving new users. The solution solves challenges of full-stack observability with affordable usage-based consumption pricing. Strong data privacy measures are enabled by default. Key benefits include improving user experience, fixing code-level issues, gaining contextual awareness, and ensuring user privacy.
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New Relic Announces Completion of “Go-Shop” Period

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New Relic completes 'go-shop' period for acquisition by Francisco Partners and TPG, expected to close late 2023 or early 2024.
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Industry’s Largest Survey Finds Enterprises Realize 2X ROI on Observability

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58% YoY growth of full-stack observability, adoption of unified platform doubled year-over-year
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New Relic Earns Spot on 2023 PEOPLE Companies That Care List

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New Relic named one of the 2023 PEOPLE Companies That Care®
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New Relic Enhances AIOps with the Industry’s First AI Recommended Alerts

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New Relic enhances AIOps capabilities with recommended alerts, helping engineers detect and resolve alert coverage gaps using AI. This reduces the need for manual alert configuration and improves incident response time. New Relic AI reduces alert noise and provides intelligence and automation to engineering teams. Recommended alerts are now available at no additional cost to existing New Relic users.
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Virgin Australia Standardizes on New Relic to Enhance Online Services

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Virgin Australia deepens partnership with New Relic to enhance online services and customer experiences
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New Relic Inc

NYSE:NEWR

NEWR Rankings

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NEWR Stock Data

6.18B
57.87M
11.4%
84.63%
2.64%
Software - Application
Technology
Link
United States
San Francisco