The automatic continuous discovery and instrumentation, the automatic self-adjusting baselines, the automatic problem determination prioritized by business impact all contribute to rapid rollout and high value for low-effort economics our customers enjoy. At least one Tesla analyst says the company's lofty stock price should come crashing down to $60 to $80 a share. We believe Dynatrace's financial profile is highly unique, including meaningful scale, strong growth, healthy profitability and cash flow. While it takes more time to find new stack buyers and transition licensing models, it yields a much more valuable customer in the strategic go-forward-growth segment of their business, their enterprise cloud. I mean it's healthy versus a lot of competitors out there that land in very small mid-market footprints. Is Pfizer Stock A Buy After FDA Authorizes Its Coronavirus Vaccine? We're in a good competitive position. We now have about 1,800 of them penetrated, so a little over 10%. But I guess on the new customer front, can you talk about what percentage of those are greenfield wins versus competitive displacements? The last financial measure that I would like to discuss is remaining performance obligation, which at the end of the quarter was $653 million, an increase of 83% over Q2 of last year. Sometimes, we do come in with system integrators. For example, a major insurer in the U.K. has been in the process of digital transformation. And given that there's a lot of players usually involved in those types of digital transformation projects, be it SIs or hyperscalers or other platform solutions, I'd just be curious where in the process Dynatrace comes into those types of transactions. Motley Fool. For the quarter, we had 270 million diluted weighted average shares outstanding. The connective tissue between sort of the infrastructure and application monitoring with driving better business outcomes is clearer and more straightforward. Total revenue is now expected to be in a range of $533 million to $535 million, an increase from our prior guidance of $521 million to $524 million. Sure. Non-GAAP net income was $17.3 million and $0.06 per share. It’s been a year of fear for many Americans. And second, we believe the completion of this process will further improve the productivity of our sales organization as the conversion distractions end and they can refocus on landing new customers and extending them across more applications and more use cases. Richard Davis -- Canaccord Genuity -- Analyst. May 12, 2020 8:00 am ET. Dynatrace Holdings LLC (DT) Q2 2021 Earnings Call Transcript DT earnings call for the period ending September 30, 2020. Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on what's trending. As an example of a converting customer, this past quarter, a Fortune 100 brick-and-mortar retailer and customer of our Classic product set signed a mid-6-figure contract to convert to the Dynatrace software intelligence platform with plenty of opportunity to grow in the multiple seven figures over time as they expand their cloud initiative. (Bloomberg) -- Oracle Corp. co-founder Larry Ellison said he has moved his primary residence to Hawaii, becoming the latest Silicon Valley executive to depart the state where they built their fortunes.Ellison, the world’s 11th-wealthiest person, notified his staff Monday of the move. Turning to our balance sheet. So that's the way we think about it. Well, our business analytics are directly connected with performance, user experience, and connected all the way down into infrastructure and virtual network elements that may or may not be affecting performance issues. Q2 2019 Dynatrace, Inc. Earnings Conference call 09/04/2019 05:00 PM (EDT) Latest calls Page 1 of 1 Showing 1 â 4 of 4 calls No events. So, currently, the folks, the landing zone is really with the operations folks who want to connect with the digital business owners and provide more value and service to that group. "Frenzy is so great, and the systems of management, the reward systems, are so foolish," he added. DEM is sort of more pervasive at the moment. But it's the direct sales organization that finds the cloud architects and application architects coming in through, whether that's DevOps or the operations side of the business, and brings Dynatrace in usually at the time of scale-out of an enterprise cloud. Before moving to guidance, I'd like to review a few items that impacted our GAAP results for the second quarter as previewed in our Q1 call. A free inside look at Dynatrace salary trends based on 376 salaries wages for 195 jobs at Dynatrace. Edited earnings call transcripts of Dynatrace Inc (DT) stock 23 hours ago Dynatrace Open Q&A. The market needs our kind of platform for dynamic web-scale workloads. MongoDB, Inc. (MDB) Q3 2021 Earnings Call Transcript. And we continue to increase the value of our platform, driving better business outcomes with things like user experience capabilities, and as I noted in my comments earlier, Digital Business Analytics. "Munger also praised venture capital firm Sequoia Capital's record in getting the tech investments correct. In addition to adding new modules to the Dynatrace platform, we continue to extend existing platform capabilities as well. So, in summary, our execution across our key performance indicators remain strong. We also realized a modest upward expense leverage in the second quarter, and therefore, non-GAAP operating margin was 23%, up from 17% in the second quarter of '19. ET. But it's a key part of our sales motion. I got to tell you that the monitoring space has had dozens and dozens of companies in it for decades now. With me on the call today are John Van Siclen, chief executive officer; and Kevin Burns, chief financial officer. But still early days, and there's still a lot of headroom just on that application side before you even get to the cross-sell into additional ITOM use cases. That's an interesting one as well. Motley Fool-11.47%. The use cases are wider. Turning to revenue. Sure. And in our field checks, at least what we found, and I think you guys have said the same thing, is that this is not the case. With that, I'd like to turn the call over to our chief executive officer, John Van Siclen. And with this, the appreciation of understanding user experience has climbed dramatically. Information on stock, financials, earnings, subsidiaries, investors, and executives for Dynatrace. Your next question will come from the line of Brent Thill with Jefferies. Financially fragile Americans during COVID-19 have difficulty answering these 15 money questions — can you? Recent Earnings Call Transcripts. Based on cloud optimization savings alone, the company calculated a payback for their Dynatrace investment of less than six months. The Dow Jones Industrial Average sank after President Donald Trump issued a coronavirus stimulus demand. Yes. Dynatrace provides answers to the underlying issues affecting user journeys, enabling them to optimize user experience and improve conversion rates. Warren Buffet's aide believes that the market is on "the edge of playing with fire. All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. And I guess I think on the roadshow, you guys talked about maybe 5% of the industries is currently monitoring their apps. We use that to expand. All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. We are not simply upgrading from one product set to a new version. 5 Replies. As a result, we have removed the impact of the spin tax from our non-GAAP net income and unlevered free cash flow calculations. Previously, the customer had a low urgency to change as our classic offering was serving their needs well for current enterprise applications. Earnings Call Transcriptsâ¦ With a large TAM in front of us and a market-leading position, we believe the company continues to be very well positioned. Your counsel, guidance and support have been invaluable to our success. The question is, where are their customers in terms of understanding that in terms of like the microservices wall that you're talking about and that eventually a lot more stuff has to come to you. Returns as of 12/15/2020. Gilead abandons filgotinib for rheumatoid arthritis in U.S. I'll take each of these in order, starting with business from new customers. Find the latest Earnings Report Date for Dynatrace, Inc. Common Stock (DT) at Nasdaq.com. "I can remember having a five-course filet mignon dinner in Omaha for 60 cents when I was a little boy. We are very pleased that we are over halfway through the conversion process and believe we will substantially complete this process over the next four quarters. I wanted to go back to some of the earlier conversation in the prepared remarks about big digital transformation project as an opportunity for Dynatrace to come in and really help customers execute on their vision with moving applications into the cloud and then having the sophistication to manage and monitor those applications. Over time, as we build out the analytics and some of the integrations with some of the other business analytics tooling that the business folks use, we're hoping to actually break into the business budgets as well. As we've said before, we believe in running a balanced business, a unique combination of growth and profitability at scale. December 8, 2020 December 8, 2020. We continue to be cash flow positive on an operating basis while investing across the board in growth. Before moving to our profit metrics, I would like to point out that I will be discussing non-GAAP results going forward, unless otherwise stated, and that our non-GAAP measures exclude stock-based compensation, amortization of acquired intangibles and other items as outlined in the tables and in the press release. The acceleration in total revenue growth is being driven by the strong growth in subscription revenue, which was $115.8 million in the second quarter, an increase of 41% year over year. Now let me turn to our guidance, which has been increased due to the strength of our second-quarter results, combined with our continued positive outlook and the momentum of our business. Maybe what are you seeing in terms of the number of APM hosts deployed on that initial land in the recent cohort of customers relative to what you saw in the past. Our attach rate's up considerably over a year ago and the scale-out of the digital experience module continues to get great traction in our customer base. 2 Likes. Good question. The value is certainly extremely high when you can bring business metrics tied with performance and user experience together in real-time for digital business owners. More and more running the business applications are being deployed into the enterprise cloud while visibility and situational awareness are declining. See Dynatrace, Inc. (DT) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. In addition, we're also beginning to see increased adoption of additional platform modules as customers recognize the power of our broader platform capabilities. Thank you, John, and good afternoon, everyone. They're still trying to bring together their observability solutions, something we've had for the last four years. Yes. This is Parthiv on for Brent. First of all, we incurred onetime fees of approximately $14.9 million primarily related to the IPO and mainframe spend, as well as the minimal restructuring that hit the P&L in the second quarter. With that said, we remain focused on investing for long-term growth and plan to reinvest some of the revenue upside we expect for the full year back into the business which is reflected in our guidance. Oracle, the world’s second-largest software maker, had called Silicon Valley home since the company’s 1977 founding.Despite Lanai being such a small island -- with only one school and no stoplights -- residents rarely see Ellison around town, though that may change now that he’s officially moved there.“Nobody knows what his schedule is,” said Alberta de Jetley, a longtime resident of the island and founder of Lanai Today, the island’s monthly newspaper, which she sold to Ellison in 2019. Sure. It all started with a simple question: 'What would APM look like in 2020?' WALTHAM, Mass.-(BUSINESS WIRE)-Dynatrace Holdings LLC, today announced that it has filed a registration statement on Form S-1 with the â¦ Costco is known for selling jumbo packs of toilet paper, rotisserie chicken and even 7-pound tubs of Nutella from its warehouse-style stores across the nation. We've been blessed with the exceptional stewardship from Thoma Bravo. Dynatrace will host a conference call today, October 30, 2019, to discuss its results at 5:00 p.m. Eastern Time. Thank you, everyone. This is Caroline on for Heather. Your next question will come from the line of Raimo Lenschow of Barclays. Kevin? We also recently added Jill Ward to our Board. Dynatrace blog. "It's been the most dramatic thing that's almost ever happened in the entire world history of finance." As we've discussed, we started this conversion program in earnest 6 quarters ago with approximately $200 million in ARR to convert. Yahoo. That's true foot for an expansion. Listen to on-demand earnings calls of Dynatrace Inc (DT) stock We continue to win against all competition in that area and as evidenced with the new logo growth as we go forward. Our non-GAAP operating income for the second quarter was $29.4 million, above the high end of our guidance of $25 million, primarily related to the revenue and gross margin upside during the quarter. And our next question will come from the line of Matt Hedberg of RBC Capital Markets. For the second quarter, ARR was $470.9 million, an increase of 44% year over year. As we look ahead, we remain optimistic about the business outlook as our new Dynatrace platform continues to be adopted by a growing number of new enterprise customers, and each quarter, we are proving our ability to expand rapidly within our growing customer base. Monitoring cloud infrastructure and applications is not simply about metrics, logs and traces. And I'd like to start by thanking all of you for joining us today. Web-scale environments, which were a novelty just a couple of years ago, are becoming commonplace as enterprises shift from static on-premise data centers to dynamic multi-cloud architectures with highly distributed microservices workloads. Learn more. And that's a key part of driving full TAM expansion in this area for us as we go forward. ... Dynatrace Earnings Top Estimates, Revenue Guidance Above Views. Clearly, the analytics AI engine will sell because it has a name Davis, so we'll just leave it at that. Find the latest Dynatrace, Inc. (DT) stock quote, history, news and other vital information to help you with your stock trading and investing. This is Matt on for Sterling. Dynatrace University provides several learning opportunities for you to develop the skills to monitor, manage, and analyze your environment with Dynatrace. Our current Dynatrace ARR per customer is north of $200,000, and we continue to believe that there's a large opportunity for further expansion in our existing customer base. We don't just do observability, we actually do automation and intelligence, which drive greater business value. One of the most powerful brought to market in Q2 was a doubling of capacity of a Dynatrace cluster, which now scales to 50,000 hosts per cluster. Tesla Inc. Chief Executive Officer Elon Musk, a friend of Ellison’s, said last week that he had left California for Texas. But when new management came on board and prioritized digital transformation, their needs and urgency quickly changed. Q2 2020 Dynatrace Inc Earnings Call 10/30/2019 05:00 PM (EDT) DT. Apartment Investment and Management announces the separation of its businesses, creating two separate publicly traded companies. 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