Dynatrace Q1 revenue slightly beats estimates on new customer growth
DT•Outlook
- Dynatrace now sees fiscal 2027 ARR of $2.359 bln to $2.379 bln, down from prior view
- Company expects fiscal 2027 total revenue of $2.306 bln to $2.320 bln, lower than previous outlook
- Dynatrace forecasts Q2 revenue of $565 mln to $570 mln and non-GAAP EPS of $0.48 to $0.49
Overview
- US observability software firm's fiscal Q1 revenue rose 16%, slightly beating analyst expectations
- Adjusted EPS for fiscal Q1 was $0.48, beating analyst expectations
- Company repurchased $275 mln of stock during the quarter
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q1 Revenue | Slight Beat* | $555 mln | $550.04 mln (33 Analysts) |
| Q1 Adjusted EPS | Beat | $0.48 | $0.45 (34 Analysts) |
| Q1 EPS | $0.12 | ||
| Q1 Adjusted Operating Income | $162 mln | ||
| Q1 Annual Recurring Revenue | $2.14 bln | ||
| Q1 Operating Income | $71 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Result drivers
- - Co said growth was driven by strengthening demand as enterprises expand cloud-native workloads and accelerate AI initiatives
