Shares of New Relic are up 7% in after-hours trading to $35 after beating Wall Street consensus on its second-ever quarterly earnings report since it became a public company in December. New Relic generated $33.4 million in revenue but posted an adjusted net loss of 22 cents per share in the last quarter. The results were better than the average analyst estimate of $30.29 million in revenue and a loss of 25 cents per share. For the entire 2015 fiscal year, which just ended for New Relic, the...
Shares of New Relic are up 7% in after-hours trading to $35 after beating Wall Street consensus on its second-ever quarterly earnings report since it became a public company in December. New Relic generated $33.4 million in revenue but posted an adjusted net loss of 22 cents per share in the last quarter. The results were better than the average analyst estimate of $30.29 million in revenue and a loss of 25 cents per share. For the entire 2015 fiscal year, which just ended for New Relic, the...
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