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Dec 31, 2022
Dynatrace Q3 2023 Earnings Report
Dynatrace demonstrated strong performance, exceeding expectations and highlighting the resilience of its business model.
Key Takeaways
Dynatrace reported a strong third quarter in fiscal year 2023, with revenue of $297 million and adjusted ARR growth of 29% year-over-year. The company's performance was driven by the secular tailwinds of digital transformation and cloud modernization.
Total ARR reached $1,163 million, with adjusted ARR growth of 29% year-over-year.
Total revenue amounted to $297 million, reflecting a 29% increase on a constant currency basis.
Subscription revenue totaled $279 million, up 29% on a constant currency basis.
Dynatrace was recognized as a Leader in The Forrester Wave™: AIOps, Q4 2022 report and Gartner® 2022 Magic Quadrant™ for APM and Observability.
Revenue by Segment
Forward Guidance
Dynatrace issued guidance for the fourth quarter and updated guidance for full year fiscal 2023.
Positive Outlook
- Total revenue for Q4 Fiscal 2023 is expected to be $304 - $307 million.
- Subscription revenue for Q4 Fiscal 2023 is expected to be $285 - $287 million.
- Non-GAAP operating income for Q4 Fiscal 2023 is expected to be $71.5 - $73.5 million.
- Non-GAAP net income for Q4 Fiscal 2023 is expected to be $65 - $67 million.
- Total ARR for fiscal year 2023 is expected to be $1,216 - $1,221 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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