Dynatrace reveals Q1 revenue of $554.5M, up 16%
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- Dynatrace’s fiscal first-quarter revenue increased 16% to $554.5 million, while annual recurring revenue rose 17% to $2.136 billion.
- Adjusted EPS reached $0.48, while Dynatrace shares gained 2.7% to $45.71 in premarket trading.
- Dynatrace raised its full-year adjusted EPS guidance, although foreign-exchange changes reduced its reported revenue and ARR forecasts.
Dynatrace (NYSE:DT) reported fiscal first-quarter revenue of $554.5 million, up 16%, as annual recurring revenue reached $2.136 billion.
Revenue exceeded the company’s previous $547–$551 million guidance, while annual recurring revenue increased 17% from $1.822 billion.
GAAP net income declined to $36.7 million, adjusted EPS rose to $0.48 and adjusted free cash flow reached $309.2 million.
Dynatrace raised full-year adjusted EPS guidance to $1.97–$1.99, and following the announcement, Dynatrace's share price was up 2.7% at $45.71 in premarket trading.
The company repurchased 7.1 million shares for $275 million while annualised log consumption nearly doubled over two quarters to $200 million.
Dynatrace also launched a private preview of Bluebox, expanded its autonomous AI capabilities and began searching for a successor to retiring CFO Jim Benson.
