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Dynatrace Analysts Cut Their Forecasts After Q4 Results
Dynatrace, Inc. (NYSE:DT) reported better-than-expected fourth-quarter financial results and approved a share buyback program of up to $500 million on Wednesday.
Dynatrace reported fiscal fourth-quarter 2024 revenue growth of 21% year-on-year to $380.85 million, beating the analyst consensus estimate of $375.29 million. Adjusted EPS of 30 cents beat the analyst consensus estimate of 27 cents, according to data from Benzinga Pro.
"Our fourth quarter results exceeded guidance across all key operating metrics, fueled in ...