Dynatrace Trims FY23 Outlook; Q1 Results Top Estimates

RTTNews | vor 1058 Tagen
Dynatrace Trims FY23 Outlook; Q1 Results Top Estimates

(RTTNews) - While reporting financial results for the first quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) trimmed its adjusted earnings and revenue guidance for the full-year 2023. It also provided outlook for the second quarter.

For the second quarter, the company projects adjusted earnings in the range of $0.18 to $0.19 per share on total revenues between $272 million and $275 million.

On average, 16 analysts polled by Thomson Reuters expect the company to report earnings of $0.19 per share on revenues of $278.75 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, the company now projects adjusted earnings in a range of $0.73 to $0.76 per share on total revenues between $1.125 billion and $1.136 billion.

Previously, the company expected adjusted earnings in the range of $0.73 to 0.77 per share on total revenues between $1.142 billion and $1.158 billion.

The Street is looking for earnings of $0.77 per share on revenues of $1.17 billion for the year.

For the first quarter, the company reported net income of $2.11 million or $0.01 per share, down from $13.29 million or $0.05 per share in the prior-year quarter. Excluding items, adjusted net income were $0.18 per share, compared to $0.16 per share in the year-ago quarter.

Total revenue for the quarter increased to $267.27 million from $209.74 million in the same quarter last year.

Analysts expected earnings of $0.17 per share on revenues of $261.92 million for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Dynatrace Boosts FY24 Outlook; Q3 Results Top Estimates

Dynatrace Boosts FY24 Outlook; Q3 Results Top Estimates

While reporting financial results for the third quarter on Thursday, software intelligence provider Dynatrace, Inc. (DT) raised its adjusted earnings and revenue guidance for the full-year 2024. It also provided outlook for the fourth quarter.
RTTNews | vor 504 Tagen
Hong Kong Bourse May Reverse Thursday's Losses

Hong Kong Bourse May Reverse Thursday's Losses

The Hong Kong stock market on Thursday snapped the four-day winning streak in which it had spiked more than 1,230 points or 5.1 percent. The Hang Seng Index now sits just above the 24,325-point plateau although it's likely to move back to the upside again on Friday.
RTTNews | vor 17 Minuten
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, reversing some of the slight losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving up to near the 8,600 level, with gains across most sectors led by mining and technology stocks.
RTTNews | vor 22 Minuten
Renewed Support Anticipated For China Stock Market

Renewed Support Anticipated For China Stock Market

The China stock market on Thursday ended the three-day winning streak in which it had climbed more than 95 points or 2.8 percent. The Shanghai Composite Index now sits just beneath the 3,450-point plateau although it's expected to rebound on Friday.
RTTNews | vor 32 Minuten
Taiwan Shares May See Additional Support

Taiwan Shares May See Additional Support

The Taiwan stock market has moved higher in three straight sessions, advancing almost 760 points or 3.5 percent along the way. The Taiwan Stock Exchange now sits just above the 22,490-point plateau and it's expected to open to the upside again on Friday.
RTTNews | vor 1Std 2 Minuten
Win Streak May Continue For Singapore Stock Market

Win Streak May Continue For Singapore Stock Market

The Singapore stock market has climbed higher in three straight sessions, rising almost 60 points or 1.5 percent along the way. The Straits Times Index now sits just beneath the 3,940-point plateau and it may extend its gains again on Friday.
RTTNews | vor 1Std 32 Minuten
Japan Bourse May Challenge 40,000-Point Level

Japan Bourse May Challenge 40,000-Point Level

The Japan stock market has moved higher in three straight sessions, collecting almost 1,250 points or 3.2 percent along the way. The Nikkei 225 now sits just above the 39,580-point plateau and it may add to its winnings on Friday.
RTTNews | vor 2Std 2 Minuten
Rebound Anticipated For South Korea Stock Market

Rebound Anticipated For South Korea Stock Market

The South Korea stock market on Thursday ended the two-day winning streak in which it had rallied almost 95 points or 3 percent. The KOSPI now sits just beneath the 3,080-point plateau although it's likely to bounce higher again on Friday.
RTTNews | vor 2Std 32 Minuten