Dynatrace Inc.
Dynatrace Reports Strong Q3 FY24 Financial Results and Updates Guidance
Summary
Dynatrace, Inc. reported strong financial results for the third quarter of fiscal year 2024, exceeding guidance across all metrics. The company reported an Annual Recurring Revenue (ARR) of $1,425 million, representing a 23% year-over-year increase, or 21% on a constant currency basis. Total revenue for the quarter was $365 million, a 23% year-over-year increase, or 21% on a constant currency basis. Non-GAAP Operating Margin reached 29%, and Non-GAAP Net Income was $96.2 million. The company also updated its financial guidance for the fourth quarter and full fiscal year 2024, reflecting a foreign exchange tailwind.
Profitelligence Alerts
Get alerts for DT
Be first to know when Dynatrace Inc. files with the SEC.
Filing Categories
Exhibits (2)
Advertisement
About Dynatrace Inc.
Dynatrace Inc. is a technology company that specializes in software intelligence solutions. Its primary function is to provide application performance monitoring, artificial intelligence, and cloud infrastructure monitoring services. The company’s software platform enables enterprises to optimize and secure their digital ecosystems, leveraging its capabilities to deliver precise automation and action insights. Notably, Dynatrace impacts various sectors such as finance, healthcare, and e-commerce by enhancing the digital experience and reducing downtime. It plays a crucial role in the financial market by enabling organizations to transition smoothly to cloud technologies while maintaining performance and efficiency. Headquartered in Waltham, Massachusetts, Dynatrace is a pivotal player in the digital transformation space, driving advancements in AI and real-time analytics.
Official SEC Documents
Advertisement