Dynatrace reports Q2 non-GAAP EPS 31c, consensus 26c

Reports Q2 revenue $352M, consensus $344.45M. “Dynatrace’s second quarter results exceeded the high end of guidance across all of our key metrics, demonstrating strong top and bottom-line performance,” said CEO Rick McConnell. “These results are a testament to the ongoing durability of demand for observability and application security. Our unified platform, AI leadership, and automation differentiate us from our competitors and position us well for continued growth and success. Given the strength of these results, and our visibility into the second half of the year, we are raising FY24 guidance across the board.”