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Dec 31, 2019
Dynatrace Q3 2020 Earnings Report
Dynatrace demonstrated a strong performance driven by robust demand and expansion with existing customers.
Key Takeaways
Dynatrace reported a strong third quarter, marked by record subscription and services revenue and continued strong momentum. The company's performance was driven by new customer acquisitions and expansion with existing customers.
Subscription and Services revenue increased by 36% year-over-year to $139.4 million.
Annualized recurring revenue (ARR) grew by 44% year-over-year to $534.5 million.
GAAP EPS was reported at $0.01, and non-GAAP EPS was $0.10.
Dynatrace ended the quarter with 2,208 customers, a sequential increase of 380 from the end of Q2 2020.
Revenue by Segment
Forward Guidance
Dynatrace provided guidance for the fourth quarter and full year fiscal 2020.
Positive Outlook
- Total revenue is expected to be in the range of $147.0 million to $148.0 million for the fourth quarter of fiscal year 2020.
- Non-GAAP operating income is expected to be in the range of $33.5 million to $34.5 million for the fourth quarter of fiscal year 2020.
- Non-GAAP net income is expected to be in the range of $21.5 million to $22.5 million for the fourth quarter of fiscal year 2020.
- Non-GAAP net income per diluted share is expected to be $0.08 for the fourth quarter of fiscal year 2020.
- Total ARR is expected to be in the range of $563 million to $566 million for the full year fiscal 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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