|Bid||61.20 x 1200|
|Ask||0.00 x 1000|
|Day's Range||61.25 - 68.10|
|52 Week Range||41.66 - 129.70|
|Beta (5Y Monthly)||0.91|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 02, 2022 - Feb 07, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||65.78|
Shares of software-monitoring company New Relic (NYSE: NEWR) were up on Friday after financial results for the first quarter of its fiscal 2023 surpassed expectations. New Relic stock finished the session up 10%. Today management announced it generated Q1 revenue of $216 million.
Thank you for attending today's New Relic first quarter fiscal 2023 financial results conference call. As a reminder, CRR is a real-time annualized measure of the business that takes into account buying program, price and usage amount on a per-customer basis and something we expect to closely correlate with revenue over time.
New Relic (NEWR) delivered earnings and revenue surprises of 27.78% and 1.78%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?