Markets
DT

Dynatrace Raises FY21 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the second quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) raised its adjusted earnings and revenue guidance for the full-year 2021 and provided outlook for the third quarter.

For fiscal 2021, the company now projects adjusted earnings in a range of $0.55 to $0.57 per share on total revenues between $668.0 million and $675.0 million.

Previously, the company expected adjusted earnings in the range of $0.46 to $0.49 per share on total revenues between $646.0 million and $656.0 million.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.48 per share on revenues of $654.73 million for the year. Analysts' estimates typically exclude special items.

For the third quarter, the company projects adjusted earnings in the range of $0.12 to $0.13 per share on total revenues between $171.0 million and $173.0 million. The Street is looking for earnings of $0.13 per share on revenues of $164.88 million for the quarter.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

DT

Latest Markets Videos

    RTTNews

    Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

    Learn More