Dynatrace Q3 Adj. EPS $0.32 Beats $0.28 Estimate, Sales $365.10M Beat $358.06M Estimate
Portfolio Pulse from Benzinga Newsdesk
Dynatrace (NYSE:DT) reported Q3 adjusted EPS of $0.32, surpassing the $0.28 estimate, and sales of $365.10M, exceeding the $358.06M estimate. This represents a 28% increase in EPS and a 22.74% increase in sales from the same period last year.
February 08, 2024 | 11:31 am
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Dynatrace reported a strong Q3 with adjusted EPS of $0.32 and sales of $365.10M, both surpassing estimates and showing significant year-over-year growth.
Dynatrace's Q3 earnings and sales not only beat analyst estimates but also showed substantial growth compared to the same period last year. This performance is likely to positively impact investor sentiment and could lead to a short-term uptick in DT's stock price, given the better-than-expected financial results and the company's growth trajectory.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100