Cloud observability and AIOps provider Dynatrace reported better-than-expected fourth quarter results and raised its revenue outlook for the year ahead.
The company reported fourth quarter revenue of $197 million, up 31% from a year ago, with earnings of 9 cents a share. Non-GAAP earnings in the fourth quarter were 15 cents a share.
Wall Street was expecting Dynatrace to report fourth quarter sales of $191.8 million with non-GAAP earnings of 14 cents a share.