Dynatrace Q4 Outlook: Revenue $372M - $377M Vs. $373.46M Estimate, Adj. EPS $0.26 - $0.28 Vs. $0.25 Estimate
Portfolio Pulse from Benzinga Newsdesk
Dynatrace (DT) provided its Q4 fiscal 2024 outlook, projecting revenues between $372M and $377M, surpassing the $373.46M estimate. Adjusted EPS is expected to be between $0.26 and $0.28, higher than the $0.25 estimate. The company anticipates 18%-20% growth in total revenue and 20%-22% growth in subscription revenue, both on a reported basis. Non-GAAP income from operations is forecasted to be between $85M and $90M, with a non-GAAP operating margin of 23%-24%.
February 08, 2024 | 11:34 am
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Dynatrace projects higher-than-expected Q4 FY2024 revenue and adjusted EPS, indicating strong growth in subscription revenue and operational efficiency.
Dynatrace's guidance surpasses analyst estimates for both revenue and adjusted EPS, suggesting strong performance and operational efficiency. The higher-than-expected subscription revenue growth and non-GAAP operating margin indicate a positive outlook for the company's financial health and operational performance, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100