New Relic (NYSE:NEWR) reported its Q2 earnings results on Monday, November 8, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
New Relic their estimated earnings by 23.08%, reporting an EPS of $-0.1 versus an estimate of $-0.13, which surprised analysts.
Revenue was up $29,640,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12, which was followed by a 15.38% increase in the share price the next day.
Here’s a look at New Relic’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | -0.37 | -0.45 | -0.14 | 0.01 |
| EPS Actual | -0.25 | -0.27 | -0.14 | -0.07 |
| Revenue Estimate | 172.03M | 167.05M | 165.09M | 163.42M |
| Revenue Actual | 180.48M | 172.67M | 166.34M | 166.05M |
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