Dynatrace Trims FY23 Outlook; Q1 Results Top Estimates

RTTNews | hace 1059
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 | hace 505
U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June

U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June

A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of June. The University of Michigan said its consumer sentiment index for June was upwardly revised to 60.7 from a preliminary reading of 60.5.
RTTNews | hace 57 minutos
U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates

U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates

While the Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May, the report also showed core consumer prices rose by slightly more than expected. The report said the personal consumption expenditures (PCE) price index inched up by 0.1 percent in May, matching the uptick seen in April.
RTTNews | hace 1h 21min
Eurozone Economic Sentiment Falls Unexpectedly

Eurozone Economic Sentiment Falls Unexpectedly

Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced confidence in industry and retail trade, a monthly survey data from the European Commission showed on Friday. The economic confidence index fell to 94.0 in June from 94.8 in May. The score was forecast to rise to 95.1. The industrial confidence index posted -12.0 in June, down from -10.4 a month ago.
RTTNews | hace 2h 27min
Bay Street May Open On Positive Note

Bay Street May Open On Positive Note

Canadian shares look headed for a higher start Friday morning, thanks to positive global cues amid easing trade tensions after the U.S. struck a deal with China to expedite rate earth shipments.
RTTNews | hace 2h 33min
Coleman Co. Recalls 229K Converta Camping Cots, Stretchers

Coleman Co. Recalls 229K Converta Camping Cots, Stretchers

Atlanta, Georgia-based Coleman Co., Inc. is recalling about 228,760 units of Converta camping cots and Converta camping suspension stretchers citing laceration and amputation, according to the U.S. Consumer Product Safety Commission. The recall involves Coleman Converta camping cots with model numbers 2000003077 and 2000020282, and Coleman Converta camping suspension stretchers with model number
RTTNews | hace 2h 44min
FTSE 100 Moderately Higher On Easing Trade Tensions

FTSE 100 Moderately Higher On Easing Trade Tensions

The U.K. market is moderately higher Friday afternoon, led by gains in stocks from financials and healthcare sectors. Easing concerns about U.S.-China trade tensions, and Mid-East worries contribute to the firm undertone in the market.
RTTNews | hace 3h 9min