earnings
confidence high
sentiment positive
materiality 0.75
Dynatrace Q3 FY24: ARR $1.425B (+21% CC), revenue $365M (+23%), beat guidance; net new ARR growth -12% CC
Dynatrace, Inc.
2024-Q3 EPS reported
$0.39
revenue$1,049,682,000
- Total ARR $1.425B, up 23% reported / 21% constant currency; subscription revenue $348M (+25%).
- GAAP operating margin 10%, non-GAAP 29%; GAAP EPS $0.14, non-GAAP EPS $0.32.
- Net new ARR $82M in Q3; constant currency net new ARR growth declined 12% YoY (Exhibit 99.2).
- Announced acquisition of Runecast (AI security/compliance) on Jan 29, 2024; expected to close later.
- Achieved AWS Security Competency; named Leader in ISG Cloud-Native Observability report.