Dynatrace, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 08, 2024 at 06:39 am EST
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Dynatrace, Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was USD 365.1 million compared to USD 297.46 million a year ago. Net income was USD 42.69 million compared to USD 15.03 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.05 a year ago.
For the nine months, revenue was USD 1,049.68 million compared to USD 844.06 million a year ago. Net income was USD 116.69 million compared to USD 27.67 million a year ago. Basic earnings per share from continuing operations was USD 0.4 compared to USD 0.1 a year ago. Diluted earnings per share from continuing operations was USD 0.39 compared to USD 0.1 a year ago.
Dynatrace, Inc. offers a unified observability and security platform with analytics and automation for dynamic, hybrid, multi-cloud environments. The Companyâs Dynatrace Software Intelligence Platform provides application and micro service monitoring (APM), runtime application security, infrastructure monitoring, digital experience monitoring (DEM), business analytics, and cloud automation. Its product offerings include Applications and Microservices Monitoring, Infrastructure Monitoring, Application Security, Log Management and Analytics, Digital Experience Monitoring, Digital Business Analytics, and Cloud Automation. Its Dynatrace Infrastructure Monitoring provides complete visibility into a customerâs infrastructure layer across public and private clouds and hybrid, multi-cloud environments. It also provides real-time detection and blocking to help protect against injection attacks that exploit critical vulnerabilities, such as Log4Shell.