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Dynatrace Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal Q3 Guidance Set, Fiscal 2025 Outlook Lifted
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Dynatrace Fiscal Q2 Non-GAAP Earnings, Revenue Rise; Fiscal Q3 Guidance Set, Fiscal 2025 Outlook Lifted
Nov 9, 2024 12:04 PM

07:35 AM EST, 11/07/2024 (MT Newswires) -- Dynatrace ( DT ) reported fiscal Q2 non-GAAP earnings Thursday of $0.37 per diluted share, up from $0.31 a year earlier.

Analysts polled by Capital IQ expected $0.32.

Total revenue for the quarter ended Sept. 30 was $418.1 million, up from $351.7 million a year earlier.

Analysts surveyed by Capital IQ expected $406.4 million.

Dynatrace ( DT ) said it expects fiscal Q3 non-GAAP net income in the range of $0.32 to $0.33 per diluted share on total revenue of $425 million to $428 million. Analysts polled by Capital IQ expect normalized EPS of $0.32 on revenue of $416.5 million.

The company said it now expects fiscal 2025 non-GAAP net income in the range of $1.31 to $1.33 per diluted share, up from its prior outlook of $1.26 to $1.29. Analysts polled by Capital IQ expect $1.29.

Revenue for the fiscal year is now projected to be between $1.67 billion and $1.68 billion, up from its previous range of $1.64 billion to $1.66 billion. Analysts surveyed by Capital IQ expect $1.66 billion.

Shares of the company were up more that 3% in recent Thursday premarket activity.

Price: 55.93, Change: +1.86, Percent Change: +3.44

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