|Bid||53.50 x 900|
|Ask||54.08 x 800|
|Day's Range||52.13 - 54.42|
|52 Week Range||33.49 - 74.20|
|Beta (5Y Monthly)||1.16|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov. 03, 2020 - Nov. 09, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||69.40|
New Relic, Inc. (NYSE: NEWR), the observability platform company, and Grafana Labs, the world's most popular open source dashboarding platform, today announced an ongoing partnership to drive advanced open instrumentation and visibility for developers and software teams. The companies delivered new integrations designed to empower engineering teams to solve problems even faster.
Shares of New Relic (NYSE: NEWR) tumbled on Wednesday after the cloud software company reported its fiscal first-quarter results. While New Relic beat analyst expectations across the board, the stock was down 26% at noon EDT today. New Relic reported first-quarter revenue of $162.6 million, up 15.3% year over year and $3.65 million higher than the average analyst estimate.
Lew Cirne became the CEO of New Relic, Inc. (NYSE:NEWR) in 2008, and we think it's a good time to look at the...