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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) is a leading software analytics company that delivers real-time performance insights for software, infrastructure, and customer experience to software-driven businesses. These insights enable organizations to innovate faster, reduce complexity, and mitigate risks associated with digital transformation.

Core Business: New Relic's core business focuses on providing a robust platform for application performance management (APM) and monitoring. Their comprehensive suite of tools helps businesses monitor and optimize their software applications, ensuring they run efficiently and effectively. This helps companies to accelerate cloud adoption, streamline DevOps processes, and prepare for critical digital moments.

Recent Achievements: New Relic has made significant strides in the tech industry, consistently releasing updates and new features to enhance their platform. They focus on maintaining cutting-edge technology that supports innovation and agility in software development and IT operations.

Current Projects: The company is actively working on enhancing their observability platform, integrating artificial intelligence and machine learning to provide more predictive analytics. Another key focus is expanding their market reach through strategic partnerships and collaborations.

Financial Condition: New Relic maintains a strong financial standing with continuous growth in revenue, driven by the increasing demand for robust software performance monitoring solutions. The company remains dedicated to investing in research and development to stay ahead of industry trends and meet the evolving needs of their clients.

Partnerships: New Relic collaborates with various technology partners to broaden their service offerings and integrate seamlessly with other platforms. These partnerships enhance their capability to provide comprehensive solutions to a diverse range of clients.

Products: New Relic's product lineup includes tools for APM, infrastructure monitoring, digital experience monitoring, log management, and more. Their platform is designed to deliver end-to-end visibility across the entire software stack, empowering businesses to make informed decisions based on real-time data.

New Relic's mission is to provide unparalleled visibility into the performance and health of applications, enabling companies to deliver optimal digital experiences to their customers. By cutting through the complexity associated with digital transformation, New Relic ensures that businesses can innovate and scale with confidence.

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Virgin Australia deepens partnership with New Relic to enhance online services and customer experiences
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Kaskela Law LLC is investigating the proposed stockholder buyout of New Relic, Inc. by private investment firms Francisco Partners and TPG. The buyout price of $87.00 per share in cash appears to undervalue New Relic's shares, as the stock had traded at $86.00 per share less than three months ago. Several stock analysts had assigned price targets well above the buyout price. Kaskela Law is investigating whether shareholders will receive sufficient cash consideration and whether fiduciary duties were breached.
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New Relic announces Q1 fiscal year 2024 results with total revenue of $242.6 million, up 12% YoY. The company enters into a definitive agreement to be acquired by Francisco Partners and TPG for $6.5 billion.
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New Relic has entered into a definitive agreement to be acquired by Francisco Partners and TPG for $87.00 per share in cash. The transaction values New Relic at approximately $6.5 billion, representing a premium of approximately 26% to its 30-day volume-weighted average closing price. Upon completion of the transaction, New Relic will become a private company with enhanced flexibility to continue investing in its observability platform.
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NEWR: New Relic Announces Public Preview of New Relic Interactive Application Security Testing (IAST), offering advanced detection accuracy, proof-of-exploit, and guided remediation to eliminate vulnerabilities before deploying applications to production. New Relic IAST provides 360 visibility, reduces false positives, and accelerates remediation, with a free 90-day trial period. Key features include proof of exploit, guided remediation, and seamless integration with CI/CD pipelines.
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New Relic, the observability company, has announced its goal to achieve net-zero greenhouse gas emissions by 2030, making it the first observability company to set such a target.
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FAQ

What is the market cap of New Relic (NEWR)?

The market cap of New Relic (NEWR) is approximately 6.2B.

What does New Relic, Inc. do?

New Relic provides real-time performance insights into software, infrastructure, and customer experience, helping businesses to innovate faster.

What is the core business of New Relic?

The core business of New Relic focuses on application performance management (APM) and monitoring, helping optimize software applications.

What are some recent achievements of New Relic?

New Relic has continuously released updates and new features, enhancing their platform to support innovation and agility in software development.

What current projects is New Relic working on?

New Relic is enhancing their observability platform with AI and machine learning for predictive analytics and expanding market reach through strategic partnerships.

How is New Relic's financial condition?

New Relic maintains a strong financial position with continuous revenue growth, driven by high demand for software performance monitoring solutions.

Who are New Relic's partners?

New Relic collaborates with various technology partners to broaden their services and integrate seamlessly with other platforms.

What products does New Relic offer?

New Relic offers tools for APM, infrastructure monitoring, digital experience monitoring, log management, and more for end-to-end visibility across software stacks.

What is New Relic's mission?

New Relic's mission is to provide unparalleled visibility into application performance and health, enabling optimal digital experiences for customers.

How does New Relic help with digital transformation?

New Relic cuts through complexity and risk, allowing businesses to accelerate cloud adoption and streamline DevOps processes.

What industries benefit from New Relic's solutions?

Software-driven businesses across various industries benefit from New Relic's performance insights and monitoring solutions.

New Relic, Inc.

NYSE:NEWR

NEWR Rankings

NEWR Stock Data

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