By Nicholas G. Miller
Dynatrace shares rose after the company boosted its fiscal-year outlook and reported third-quarter earnings above expectations.
The stock rose 8.9% to $36.70 in premarket trading after closing Friday down 22% so far this year.
The company boosted its fiscal-year revenue guidance to about $2.01 billion, up from its previous forecast of $1.99 billion to $2 billion. It also raised its adjusted earnings outlook to $1.67 to $1.69 a share, up from its previous guidance of $1.62 to $1.64 a share.
Analysts polled by FactSet see fiscal-year revenue of $1.99 billion and adjusted earnings of $1.64 a share.
Dynatrace also announced a new $1 billion share repurchase program.
The company reported third-quarter net income of $40.1 million, or 13 cents a share, down from $361.8 million, or $1.19 a share, the year prior.
Adjusted earnings were 44 cents a share. Analysts had expected 41 cents a share.
Revenue rose to $515.5 million from $436.2 million. Wall Street had expected $505.8 million.
Write to Nicholas G. Miller at nicholas.miller@wsj.com
(END) Dow Jones Newswires
February 09, 2026 07:29 ET (12:29 GMT)
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