Dynatrace Boosts FY21 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 2021 and provided outlook for the second quarter.

For fiscal 2021, the company now projects adjusted earnings in a range of $0.46 to $0.49 per share on total revenues between $646.0 million and $656.0 million, with 17 to 20 percent growth in constant currency.

Previously, the company expected adjusted earnings in the range of $0.39 to $0.42 per share on total revenues between $630.0 million and $643.0 million.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $0.41 per share on revenues of $640.59 million for the year. Analysts' estimates typically exclude special items.

For the second quarter, the company projects adjusted earnings in the range of $0.09 to $0.10 per share on total revenues between $159.0 million and $161.0 million. The Street is looking for earnings of $0.10 per share on revenues of $154.25 million for the quarter.