New Relic Inc Q2 profit beats expectations, revenue falls short of expectations via – Company New Relic Inc. (NYSE: )’s Q2 report beat analysts’ estimates. with lower-than-expected earnings, according to reports on Friday

New Relic Inc’s earnings per share (EPS) is $0.51 on revenue of $242.76M. Analyst consensus compiled by was that expectations for the upcoming release were previously expected to be $0.39 per share based on revenue of $250.58M.

New Relic Inc shares added 0.37% to $86.70 in pre-market trading. After the news of earnings report

Besides New Relic Inc, there are other companies. Markets report this month’s gains in the New York Stock Exchange’s technology sector

Microsoft previously estimated earnings of $2.99 ​​per share on $56.5B in revenue, up from $2.65 on $54.53B in revenue.

Meanwhile, Alphabet C’s recent performance beat analyst forecasts. Q3 earnings were $1.55 per share on revenue of $76.69B, beating analyst estimates for 2020. expects earnings per share to be around $1.45 based on revenue of $75.98B.

Follow the latest developments in company profits with the Earnings Calendar

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