Dynatrace Boosts FY22 Outlook - Quick Facts

(RTTNews) - While reporting financial results for the first quarter on Wednesday, software intelligence provider Dynatrace, Inc. (DT) raised its adjusted earnings and revenue guidance for the full-year 2022 and provided outlook for the second quarter of fiscal 2022.

For fiscal 2022, the company now projects adjusted earnings in a range of $0.60 to $0.63 per share on total revenues between $902 million and $914 million.

Previously, the company expected adjusted earnings in the range of $0.59 to $0.62 per share on total revenues between $885 million and $900 million.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.62 per share on revenues of $895.73 million for the year. Analysts' estimates typically exclude special items.

For the second quarter, the company projects adjusted earnings in the range of $0.15 to $0.16 per share on total revenues between $219 million and $221 million. The Street is looking for earnings of $0.15 per share on revenues of $215.60 million for the quarter.