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Dynatrace, Inc. (DT) SEC Filing 10-Q Quarterly report for the period ending Thursday, December 31, 2020

Dynatrace, Inc.

CIK: 1773383 Ticker: DT
Exhibit 99.1
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Dynatrace Reports Third Quarter of Fiscal Year 2021 Financial Results

ARR of $722.0 million, up 35% year-over-year, 32% on a constant currency basis
Subscription revenue of $170.3 million, up 33% year-over-year, 30% on a constant currency basis
GAAP EPS of $0.06 and non-GAAP EPS of $0.17, on a dilutive basis

WALTHAM, Mass, February 3, 2021 (Business Wire) - Software intelligence company Dynatrace (NYSE: DT) today released financial results for the third quarter of its fiscal 2021 ended December 31, 2020.
"The third quarter marked another strong performance for Dynatrace across all of our key operating metrics led by ARR growth of 35% year-over-year,” stated John Van Siclen, Chief Executive Officer. “The value of the Dynatrace platform is resonating with customers, evidenced by strong new logo growth and net expansion rate again above 120%. The acceleration of digital transformation is driving the scale and complexity of the modern multicloud beyond the level that digital teams can handle efficiently. We believe the automation and AI capabilities embedded in our unified platform solve the challenges inherent in these ever-changing multicloud environments and positions us well for strong and sustained ARR growth."

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

Financial Highlights:
Total ARR of $722.0 million, an increase of 35% as reported, and 32% on a constant currency basis
Total Revenue of $182.9 million, an increase of 28% as reported, and 25% on a constant currency basis
Subscription revenue of $170.3 million, an increase of 33% as reported, and 30% on a constant currency basis, and representing 93% of total revenue
GAAP Operating Income of $24.1 million and Non-GAAP Operating Income of $53.4 million
GAAP EPS of $0.06 and non-GAAP EPS of $0.17, on a dilutive basis

Business Highlights:
Released Dynatrace’s 4th generation of PurePath, providing the deepest, most complete distributed tracing for modern cloud environments. Extended support for OpenTelemetry and OpenTrace frameworks to provide advanced levels of distributed tracing and immediate actionability for troubleshooting, optimization and proactive remediation for the latest cloud-native architectures.

Entered the Cloud Application Security market, extending the automation, AI and enterprise-grade robustness of the Dynatrace® Software Intelligence Platform to production and preproduction security use cases. The company estimates the cloud application security market TAM to be $18 billion over time.

Expanded strategic partnerships with Google Cloud Platform and Microsoft Azure with collaborative go-to market-motions and co-selling arrangements creating frictionless buying experiences and enabling customers to leverage their pre-committed cloud spend. Dynatrace is now part of the co-development program for Microsoft Azure console integration and is the only observability platform with a private offering in the GCP, Microsoft Azure and AWS marketplace listings.







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The following information was filed by Dynatrace, Inc. (DT) on Wednesday, February 3, 2021 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 Dynatrace, Inc.'s 10-Q Quarterly Report:

Financial Statements, Disclosures and Schedules

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 / Members' 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: 0001773383-21-000011
Submitted to the SEC: Wed Feb 03 2021 4:17:27 PM EST
Accepted by the SEC: Wed Feb 03 2021
Period: Thursday, December 31, 2020
Industry: Prepackaged Software

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