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Dynatrace, Inc. (DT) SEC Filing 10-Q Quarterly report for the period ending Tuesday, June 30, 2020

Dynatrace, Inc.

CIK: 1773383 Ticker: DT
Exhibit 99.1

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Dynatrace Reports First Quarter of Fiscal Year 2021 Financial Results

Subscription revenue of $144.4 million, up 34% year-over-year, 37% on a constant currency basis
ARR of $601.4 million, up 37% year-over-year, 39% on a constant currency basis
GAAP EPS of $0.05 and non-GAAP EPS of $0.13

WALTHAM, Mass, Jul 29, 2020 (Business Wire) - Dynatrace (NYSE: DT), the market-leading software intelligence provider, purpose-built for dynamic multiclouds, today released financial results for the first quarter of its fiscal 2021 ended June 30, 2020.

“Dynatrace reported strong first quarter results across our key operating measures,” said John Van Siclen, Dynatrace’s CEO. “We continued to see digital transformation projects accelerate as customers drive to do much more with less time, resource and cost.  Our essential role in providing intelligent observability into the dynamic multicloud ecosystems underpinning these transformations differentiates us from our competitors and positions us well for continued growth and success moving forward.”


First Quarter Fiscal 2021 and Other Recent Business Highlights:
All growth rates are compared to the first quarter of fiscal 2020 unless otherwise noted.

Financial Highlights:
Total Revenue of $155.5 million, an increase of 27% as reported, and 30% on a constant currency basis
Total ARR of $601.4 million, an increase of 37% as reported, and 39% on a constant currency basis
Subscription revenue of $144.4 million, an increase of 34% as reported, and 37% on a constant currency basis, and representing 93% of total revenue
GAAP Operating Income of $24.1 million and Non-GAAP Operating Income of $50.8 million
GAAP EPS of $0.05 and non-GAAP EPS of $0.13

Business Highlights:
Enhanced Kubernetes support with full-stack infrastructure and cloud native application observability unified and analyzed by Davis®, the Dynatrace® AI-engine. Now, dynamic, multicloud Kubernetes clusters can be easily understood, managed and optimized for smoother migrations, greater scalability, and faster application innovation.
Achieved FedRAMP authorization at Moderate Impact Level opening wider access to US government digital transformation projects. According to IDC1, the US government is expected to spend $94B on digital transformation by 2023.
Rated the observability platform leader by G2 reviewers - including #1 rankings across Cloud Infrastructure Monitoring, AIOps Platforms, Application Performance Monitoring, Container Monitoring, Digital Experience Monitoring, and Session Replay categories.






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1 IDC, Worldwide Digital Transformation Spending Guide, Version 1, 2020
1

The following information was filed by Dynatrace, Inc. (DT) on Wednesday, July 29, 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-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Inside this 10-Q Quarterly Report

Cover
Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets (Parenthetical)
Condensed Consolidated Statements Of Cash Flows
Condensed Consolidated Statements Of Comprehensive Income (Loss)
Condensed Consolidated Statements Of Operations
Condensed Consolidated Statements Of Shareholders' Equity / Member's (Deficit)
Accrued Expenses
Accrued Expenses (Details)
Accrued Expenses (Tables)
Commitments And Contingencies
Description Of The Business
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)
Income Taxes
Income Taxes (Details)
Leases
Leases (Tables)
Leases - Narrative (Details)
Leases - Schedule Of Lease Expense (Details)
Leases - Schedule Of Maturities Of Lease Liabilities (Details)
Leases - Schedule Of Supplemental Cash Flow Information (Details)
Long-Term Debt
Long-Term Debt - Narrative (Details)
Long-Term Debt - Schedule Of Long-Term Debt (Details)
Long-Term Debt Schedule Of Long-Term Debt (Tables)
Net Income (Loss) Per Share
Net Income (Loss) Per Share (Tables)
Net Income (Loss) Per Share - Antidilutive Securities Excluded From Computation Of Earnings Per Share (Details)
Net Income (Loss) Per Share - Narrative (Details)
Net Income (Loss) 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)
Related Party Debt
Related Party Debt (Details)
Related Party Transactions
Related Party Transactions (Details)
Revenue Recognition
Revenue Recognition (Tables)
Revenue Recognition - Disaggregation Of Revenue And Deferred Revenue Narrative (Details)
Revenue Recognition - Remaining Performance Obligations (Narrative) (Details)
Revenue Recognition - Schedule Of Disaggregation Of Revenue (Details)
Share-Based Compensation
Share-Based Compensation (Tables)
Share-Based Compensation - Narrative (Details)
Share-Based Compensation - Schedule Of Activity (Details)
Share-Based Compensation - Schedule Of Compensation Expense (Details)
Significant Accounting Policies
Significant Accounting Policies (Policies)
Significant Accounting Policies - Basis Of Presentation And Consolidation (Details)
Significant Accounting Policies - Initial Public Offering And Follow-Up Offering By Selling Stockholders (Details)
Significant Accounting Policies - Recently Adopted Accounting Pronouncements (Details)

Material Contracts, Statements, Certifications & more

Dynatrace, Inc. provided additional information to their SEC Filing as exhibits

Ticker: DT
CIK: 1773383
Form Type: 10-Q Quarterly Report
Accession Number: 0001773383-20-000080
Submitted to the SEC: Thu Jul 30 2020 6:59:00 PM EST
Accepted by the SEC: Thu Jul 30 2020
Period: Tuesday, June 30, 2020
Industry: Prepackaged Software

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