Dynatrace Grows Through Expanding Clientele and Strong Partnerships
Dynatrace(DT) ZACKS·2024-10-11 23:21
Dynatrace (DT) is benefiting from an expanding unified observability and security portfolio bolstered by a robust partner base. These factors drove clientele that resulted in a 20% year-over-year revenue growth in firstquarter fiscal 2025. DT posted total annual recurring revenues (ARR) at the end of first-quarter fiscal 2025, which increased 20% year over year to $1.54 billion. Net new ARR rose 23% year over year. The upside reflects the increasing demand for digital transformation and AI initiatives acros ...