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Dynatrace, Inc. (DT) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, March 31, 2020

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Dynatrace, Inc.

CIK: 1773383 Ticker: DT
Exhibit 99.1

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Dynatrace Reports Fourth Quarter and Full Year Fiscal Year 2020 Financial Results

Subscription and Services revenue of $148.3 million, a year-over-year increase of 37%
Annualized recurring revenue "ARR" of $572.8 million, a year-over-year increase of 42%
GAAP EPS of $0.16 and non-GAAP EPS of $0.11

WALTHAM, Mass, May 12, 2020 (Business Wire) - Dynatrace (NYSE: DT), the market-leading software intelligence provider, purpose-built for dynamic multi-clouds, today released financial results for the fourth quarter of its fiscal 2020 ended March 31, 2020.

“COVID-19 and the sudden shift to remote work has caused applications and the clouds they run on to become an even more essential way to provide services, drive revenue, engage customers and collaborate among teams.” Said John Van Siclen, Dynatrace’s CEO. “We continue to work closely with our customers to help them respond to their rapidly changing workloads and requirements, enabling faster innovation, easier collaboration and greater efficiency without wasted motion. Despite these challenging times, our strong platform differentiation, balanced business model, and world-class team put us in a strong position for continued success in the world ahead.”

Fourth Quarter Fiscal 2020 and Other Recent Business Highlights:
Fourth Quarter Fiscal 2020 Financial Highlights:
Total Revenue of $150.6 million, an increase of 30% compared to $116.2 million in Q4 2019
Total ARR of $572.8 million, an increase of 42% compared to $403.3 million at the end of Q4 2019
Subscription and Services revenue of $148.3 million, an increase of 37% compared to $108.6 million in Q4 2019, and representing 98% of total revenue
GAAP Operating Income of $8.0 million and Non-GAAP Operating Income of $36.0 million
GAAP EPS of $0.16 and non-GAAP EPS of $0.11

Full Year Fiscal 2020 Financial Highlights:
Total Revenue of $545.8 million, an increase of 27% compared to $431.0 million in fiscal 2019, 29% adjusted for constant currency
Subscription and Services revenue of $533.1 million, an increase of 36% compared to $390.6 million in fiscal 2019, 39% adjusted for constant currency, and representing 98% of total revenue
Subscription revenue of $487.8 million, an increase of 39% compared to $349.8 million in fiscal 2019, 42% adjusted for constant currency, and representing 89% of total revenue
GAAP Operating Loss of $(171.9) million and Non-GAAP Operating Income of $130.0 million
GAAP EPS of $(1.58) and non-GAAP EPS of $0.31

Dynatrace® Platform Highlights:
Ended the year with 2,373 Dynatrace customers, an increase of 1,009 customers, up 74% for fiscal 2020
Dynatrace Net Expansion rate of 123%, the 8th consecutive quarter at or above 120%
Dynatrace ARR represents 92% of total ARR, increasing from 70% of total ARR at the end of Q4 2019

Business Highlights:
Named a leader for completeness of vision and ability to execute in Gartner Magic Quadrant for APM for the 10th consecutive time and simultaneously earned the highest scores for 5 of 6 critical capabilities in Gartner Critical Capabilities report for APM.
Announced the release of our next generation of infrastructure observability including major enhancements to AI, log monitoring, and data source access to bring greater automation and efficiency to a wider multi-cloud landscape. 


The following information was filed by Dynatrace, Inc. (DT) on Tuesday, May 12, 2020 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Cover
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Comprehensive (Loss) Income
Consolidated Statements Of Operations
Consolidated Statements Of Shareholders' Equity / Members' Deficit
Accrued Expenses
Accrued Expenses (Details)
Accrued Expenses (Tables)
Business Combinations
Business Combinations (Details)
Commitments And Contingencies
Commitments And Contingencies - Narrative (Details)
Commitments And Contingencies - Payments Under Operating Lease Commitments (Details)
Commitments And Contingencies Commitments And Contingencies (Tables)
Description Of The Business
Employee Benefit Plan
Employee Benefit Plan (Details)
Geographic Information
Geographic Information (Tables)
Geographic Information - Summary Of Property And Equipment (Details)
Goodwill And Other Intangible Assets, Net
Goodwill And Other Intangible Assets, Net (Tables)
Goodwill And Other Intangible Assets, Net - Narrative (Details)
Goodwill And Other Intangible Assets, Net - Schedule Of Goodwill (Details)
Goodwill And Other Intangible Assets, Net - Schedule Of Intangible Assets (Details)
Goodwill And Other Intangible Assets, Net Goodwill And Other Intangible Assets, Net - Schedule Of Future Amortization Expense (Details)
Income Taxes
Income Taxes (Tables)
Income Taxes - Deferred Tax Assets And Liabilities (Details)
Income Taxes - Income Tax Provision (Details)
Income Taxes - Income/(Loss) Before Income Tax Provision/(Benefit) (Details)
Income Taxes - Narrative (Details)
Income Taxes - Net Operating Losses Carryforwards (Details)
Income Taxes - Reconciliation Of Unrecognized Tax Benefits (Details)
Income Taxes - Tax Rate Reconciliation (Details)
Long-Term Debt
Long-Term Debt (Tables)
Long-Term Debt - Revolving Facility (Details)
Long-Term Debt - Term Loans (Details)
Long-Term Debt Long-Term Debt - Maturities Of Outstanding Debt (Details)
Net (Loss) Income Per Share
Net (Loss) Income Per Share (Tables)
Net (Loss) Income Per Share - Antidilutive Securities Excluded From Computation Of Earnings Per Share (Details)
Net (Loss) Income Per Share - Narrative (Details)
Net (Loss) Income Per Share - Summary Of Basic And Diluted Net Loss Per Share (Details)
Prepaid Expenses And Other Current Assets
Prepaid Expenses And Other Current Assets (Details)
Prepaid Expenses And Other Current Assets (Tables)
Property And Equipment, Net (Notes)
Property And Equipment, Net (Tables)
Property And Equipment, Net - Narrative (Details)
Property And Equipment, Net - Table (Details)
Related Party Debt
Related Party Debt (Details)
Related Party Transactions
Related Party Transactions (Details)
Restructuring Activities
Restructuring Activities (Tables)
Restructuring Activities - Narrative (Details)
Restructuring Activities - Restructuring Reserves (Details)
Revenue Recognition
Revenue Recognition (Tables)
Revenue Recognition - Deferred Revenue (Narrative) (Details)
Revenue Recognition - Remaining Performance Obligations (Narrative) (Details)
Revenue Recognition - Schedule Of Deferred Commissions (Details)
Revenue Recognition - Schedule Of Disaggregation Of Revenue (Details)
Share-Based Compensation
Share-Based Compensation (Tables)
Share-Based Compensation - Narrative (Details)
Share-Based Compensation - Option Activity (Details)
Share-Based Compensation - Restricted Stock Activity (Details)
Share-Based Compensation - Schedule Of Activity (Details)
Share-Based Compensation - Schedule Of Compensation Expense (Details)
Share-Based Compensation - Schedule Of Fair Value Assumptions (Details)
Shareholders' Equity
Shareholders' Equity (Details)
Significant Accounting Policies
Significant Accounting Policies (Policies)
Significant Accounting Policies (Tables)
Significant Accounting Policies - Accounts Receivable And Allowance For Doubtful Accounts (Details)
Significant Accounting Policies - Basis Of Presentation And Consolidation (Details)
Significant Accounting Policies - Capitalized Software (Details)
Significant Accounting Policies - Deferred Offering Costs (Details)
Significant Accounting Policies - Impairment Of Long-Lived Assets (Details)
Significant Accounting Policies - Initial Public Offering And Follow-On Offering By Selling Stockholders (Details)
Significant Accounting Policies - Leases (Details)
Significant Accounting Policies - Property And Equipment (Details)
Significant Accounting Policies - Research And Development (Details)
Significant Accounting Policies - Revenue Recognition (Details)
Significant Accounting Policies - Segment Information (Details)
Significant Accounting Policies - Share-Based Compensation (Details)
Significant Accounting Policies Significant Accounting Policies - Advertising (Details) (Details)
Ticker: DT
CIK: 1773383
Form Type: 10-K Annual Report
Accession Number: 0001773383-20-000053
Submitted to the SEC: Wed May 27 2020 4:27:04 PM EST
Accepted by the SEC: Wed May 27 2020
Period: Tuesday, March 31, 2020
Industry: Prepackaged Software

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