secwatch.observer — SEC 8-K summary
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Issuer:     NEW RELIC, INC. (—)
CIK:        0001448056
Form:       8-K
Filed at:   2023-02-07T23:59:59+00:00
Accession:  0001448056-23-000008
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

New Relic Q3 FY2023 revenue $239.8M (+18% YoY); non-GAAP operating margin 7.8%; special exec PSUs with $100 target
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- Revenue $239.8M, +18% YoY; GAAP gross margin 74.4% (vs 66.2%), non-GAAP 77.6%.
- GAAP operating loss $(29.1)M (improved from $(51.9)M); non-GAAP operating income $18.7M.
- GAAP EPS $(0.38) (vs $(0.96)); non-GAAP EPS $0.32 (vs $(0.18) loss).
- Q4 guidance: revenue $240-242M, non-GAAP EPS $0.20-0.23; FY guidance raised.
- Special PSUs to execs: target $100 stock price, CEO 169,412 PSUs, CFO 74,118; aggregate target $40M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1448056/000144805623000008/0001448056-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1448056/000144805623000008/newr-20230201.htm
  HTML page:      https://secwatch.observer/filing/0001448056-23-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer