Dynatrace: Fiscal Q1 Earnings Snapshot
By AP News
Published - Aug 07, 2024, 06:45 AM ET
Last Updated - Aug 07, 2024, 06:45 AM EDT
WALTHAM, Mass. (AP) — WALTHAM, Mass. (AP) — Dynatrace Inc. (DT) on Wednesday reported fiscal first-quarter net income of $38.6 million.
The Waltham, Massachusetts-based company said it had profit of 13 cents per share. Earnings, adjusted for one-time gains and costs, came to 33 cents per share.
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
The software intellegence company posted revenue of $399.2 million in the period, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $392.6 million.
