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Dynatrace, Inc. (DT) SEC Filing 8-K Material Event for the period ending Wednesday, February 2, 2022

Dynatrace, Inc.

CIK: 1773383 Ticker: DT
Exhibit 99.1
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Dynatrace Reports Third Quarter of Fiscal Year 2022 Financial Results

ARR of $930 million, up 29% year-over-year, or 32% on a constant currency basis
Subscription revenue of $226 million, up 33% year-over-year, or 34% on a constant currency basis
GAAP EPS of $0.05 and non-GAAP EPS of $0.18, on a dilutive basis

WALTHAM, Mass, February 2, 2022 (Business Wire) - Software intelligence company Dynatrace (NYSE: DT) today released financial results for the third quarter of its fiscal 2022 ended December 31, 2021.
"Having completed my first quarter as CEO, I am very pleased with our third quarter performance, beating the high end of guidance across our key operating metrics driven by new logo additions and continued net expansion rate above 120%,” said Rick McConnell, Chief Executive Officer. “Our strong performance fuels our belief that customers increasingly view our software intelligence platform as an indispensable part of their digital transformation ecosystem. Looking ahead, we plan to further increase investments to capture the tremendous market opportunity ahead of us with the objective of accelerating growth as we scale to build a multibillion-dollar business.”

Third Quarter Fiscal 2022 and Other Recent Business Highlights:
All growth rates are compared to the third quarter of fiscal 2021 unless otherwise noted.

Financial Highlights:
ARR of $930 million, an increase of 29%, or 32% on a constant currency basis
Total Revenue of $241 million, an increase of 32%, or 33% on a constant currency basis
Subscription revenue of $226 million, an increase of 33% as reported, or 34% on a constant currency basis, and representing 94% of total revenue
GAAP Operating Income of $21 million and non-GAAP Operating Income of $61 million
GAAP EPS of $0.05 and non-GAAP EPS of $0.18, on a dilutive basis

Business Highlights:
Go-to-market momentum: Added 206 new logos in the quarter for a total of 501 new logos added to the Dynatrace platform on a year-to-date basis, an increase of 22% compared to the same period last year, with more than 44% of new customers landing with three or more modules, compared to 33% for the same period last year.

Managed security vulnerabilities at scale: Log4j vulnerability accelerated interest in Dynatrace for application security and highlighted our unique ability to instantly identify and prioritize security vulnerabilities in production, driving a 10x increase in POCs in the quarter ending December 31, 2021, up from dozens in the previous quarter ending September 30, 2021.

Partnership expansion: Accelerated traction with partners influencing more than 50% of new transactions closed in the third quarter. New ARR transacted through hyperscaler partnerships more than tripled compared to the same period last year.
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Third Quarter 2022 Financial Highlights
(Unaudited – In thousands, except per share data)
Three Months Ended December 31,
20212020
Key Operating Metric:
Annualized recurring revenue$929,906 $721,995 
Year-over-Year Increase
29 %
Annualized recurring revenue - constant currency (*)
$951,056 $721,995 
Year-over-Year Increase32 %
Revenue:
Total revenue$240,766 $182,911 
Year-over-Year Increase
32 %
Total revenue - constant currency (*)
$242,928 $182,911 
Year-over-Year Increase33 %
Subscription revenue
$226,290 $170,308 
Year-over-Year Increase
33 %
Subscription revenue - constant currency (*)
$228,339 $170,308 
Year-over-Year Increase
34 %
Non-GAAP Financial Measures:
Non-GAAP operating income (*)
$61,102 $53,401 
Non-GAAP operating margin (*)
25 %29 %
Non-GAAP net income (*)
$52,020 $46,600 
Non-GAAP net income per share - diluted$0.18 $0.16 
Non-GAAP shares outstanding - diluted291,845 286,427 
Unlevered Free Cash Flow (*)
$59,186 $73,989 
* Use of Non-GAAP Financial Measures
In our earnings press releases, conference calls, slide presentations, and webcasts, we may use or discuss non-GAAP financial measures, as defined by Regulation G. The GAAP financial measure most directly comparable to each non-GAAP financial measure used or discussed, and a reconciliation of the differences between each non-GAAP financial measure and the comparable GAAP financial measure, are included in this press release after the consolidated financial statements. Our earnings press releases containing such non-GAAP reconciliations can be found in the Investors section of our website at https://ir.dynatrace.com.
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Financial Outlook
Based on information available, as of February 2, 2022, Dynatrace is issuing guidance for the fourth quarter and raising guidance for full year fiscal 2022 as follows:

(In millions, except per share data))Q4 Fiscal 2022 Guidance
Total revenue
$245 - $247
As reported
25% - 26%
Constant currency
27% - 28%
Subscription revenue
$230.5 - $232
As reported
26% - 27%
Constant currency
29% - 30%
Non-GAAP operating income
$51.5 - $53.5
Non-GAAP net income
$44 - $45.5
Non-GAAP net income per diluted share
$0.15 - $0.16
Diluted weighted average shares outstanding
292 - 292.5

(In millions, except per share data)Current Guidance
Fiscal 2022
Prior Guidance
Fiscal 2022
Guidance Change
at Midpoint
Total ARR
$990 - $996
$986 - $996
$2
As reported
28% - 29%
27% - 29%
50 bps
Constant currency
30% - 31%
29% - 30%
100 bps
Total revenue
$922 - $924
$913 - $919
$7
As reported
31%
30% - 31%
100 bps
Constant currency
30% - 31%
29% - 30%
100 bps
Subscription revenue
$866 - $867.5
$857.5 - $862.5
$7
As reported
32%
31% - 32%
100 bps
Constant currency
32%
30% - 31%
150 bps
Non-GAAP operating income
$228 - $230
$219 - $226
$7
Non-GAAP net income
$193 - $195
$185 - $191
$6
Non-GAAP net income per diluted share
$0.66 - $0.67
$0.63 - $0.65
$0.02
Diluted weighted average shares outstanding
291 - 291.5
292 - 293
(1.3)
Unlevered free cash flow
$268 - $275
$263 - $275
$2.5
Unlevered free cash flow margin
29% - 30%
29% - 30%
unchanged

Our guidance is based on foreign exchange rates as of December 31, 2021.

Reconciliation of non-GAAP operating income, non-GAAP net income, non-GAAP net income per diluted share and unlevered free cash flow guidance to the most directly comparable GAAP measures is not available without unreasonable efforts on a forward-looking basis due to the high variability, complexity and low visibility with respect to the charges excluded from these non-GAAP measures; in particular, the measures and effects of share-based compensation expense, employer taxes and tax deductions specific to equity compensation awards that are directly impacted by future hiring, turnover and retention needs, as well as unpredictable fluctuations in our stock price. We expect the variability of the above charges to have a significant, and potentially unpredictable, impact on our future GAAP financial results.

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Conference Call and Webcast Information
Dynatrace will host a conference call and live webcast to discuss its results and business outlook for investors and analysts at 8:00 a.m. Eastern Time today, February 2, 2022. To access the conference call from the U.S. and Canada, dial (866) 405-1247, or internationally, dial (201) 689-8045 with conference ID # 13726069. The call will also be available live via webcast on the company’s website, ir.dynatrace.com.

An audio replay of the call will also be available until 11:59 p.m. Eastern Time on February 16, 2022, by dialing (877) 660-6853 from the U.S. or Canada, or for international callers by dialing (201) 612-7415 and entering conference ID # 13726069. In addition, an archived webcast will be available at ir.dynatrace.com.

The company has used, and intends to continue to use, the investor relations portion of its website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD.
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Non-GAAP Financial Measures & Key Metrics
In addition to disclosing financial measures prepared in accordance with GAAP, this press release and the accompanying tables contain certain non-GAAP financial measures.
Non-GAAP financial measures do not have any standardized meaning and are therefore unlikely to be comparable to similarly titled measures presented by other companies. Dynatrace considers these non-GAAP financial measures to be important because they provide useful indicators of its performance and liquidity measures. These are key measures used by our management and board of directors to understand and evaluate our core operating performance and trends, to prepare and approve our annual budget and to develop short and long-term operational plans. In addition, investors often use similar measures to evaluate the performance of a company. Non-GAAP financial measures are presented for supplemental informational purposes only for understanding the company’s operating performance. The non-GAAP financial measures should not be considered a substitute for financial information presented in accordance with GAAP, and may be different from non-GAAP financial measures presented by other companies. The GAAP financial measure most directly comparable to each non-GAAP financial measure used or discussed, and a reconciliation of the differences between each non-GAAP financial measure and the comparable GAAP financial measure, are included in this press release after the consolidated financial statements.
Dynatrace presents constant currency amounts for Revenue and Annual Recurring Revenue to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States dollars using the average exchange rates from the comparative period rather than the actual exchange rates in effect during the respective periods. All growth comparisons relate to the corresponding period in the last fiscal year. Dynatrace provides this non-GAAP financial information to aid investors in better understanding our performance.
Annual Recurring Revenue “ARR” is defined as the daily revenue of all subscription agreements that are actively generating revenue as of the last day of the reporting period multiplied by 365. We exclude from our calculation of Total ARR any revenues derived from month-to-month agreements and/or product usage overage billings.
Dynatrace® Net Expansion Rate is defined as the Dynatrace® ARR at the end of a reporting period for the cohort of Dynatrace® accounts as of one year prior to the date of calculation, divided by the Dynatrace® ARR one year prior to the date of calculation for that same cohort. This calculation excludes the benefit of Dynatrace® ARR resulting from the conversion of Classic products to the Dynatrace® platform.
Dynatrace customers are defined as accounts, as identified by a unique account identifier, that generate at least $10,000 of Dynatrace® ARR as of the reporting date. In infrequent cases, a single large organization may comprise multiple customer accounts when there are distinct divisions, departments or subsidiaries that operate and make purchasing decisions independently from the parent organization. In cases where multiple customer accounts exist under a single organization, each customer account is counted separately based on a mutually exclusive accounting of ARR.
Unlevered Free Cash Flow is defined as net cash provided by (used in) operating activities and adjusted to exclude cash paid for interest (net of tax), non-recurring restructuring and acquisition related costs, along with costs associated with one-time offerings and filings, less cash used in investing activities for acquisition of property and equipment. However, given our debt obligations, unlevered free cash flow does not represent residual cash flow available for discretionary expenses.

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About Dynatrace
Dynatrace provides software intelligence to simplify cloud complexity and accelerate digital transformation. With automatic and intelligent observability at scale, our all-in-one platform delivers precise answers about the performance and security of applications, the underlying infrastructure, and the experience of all users to enable organizations to innovate faster, collaborate more efficiently, and deliver more value with dramatically less effort. That’s why many of the world’s largest enterprises trust Dynatrace® to modernize and automate cloud operations, release better software faster, and deliver unrivalled digital experiences.

Cautionary Language Concerning Forward-Looking Statements
This press release includes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding management’s expectations of future financial and operational performance and operational expenditures, expected growth, and business outlook, including our financial guidance for the fourth fiscal quarter and full year 2022, and statements regarding the size of our market and our positioning for capturing a larger share of our market. These forward-looking statements include, but are not limited to, plans, objectives, expectations and intentions and other statements contained in this press release that are not historical facts and statements identified by words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” or words of similar meaning. These forward-looking statements reflect our current views about our plans, intentions, expectations, strategies and prospects, which are based on the information currently available to us and on assumptions we have made. Although we believe that our plans, intentions, expectations, strategies and prospects as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control including, without limitation, the effect of the COVID-19 pandemic on our business operations and demand for our products as well as its impact on general economic and financial market conditions, our ability to maintain our subscription revenue growth rates in future periods, our ability to service our substantial level of indebtedness, market adoption of software intelligence solutions for application performance monitoring, digital experience monitoring, infrastructure monitoring, AIOps, business intelligence and analytics and application security, continued spending on and demand for software intelligence solutions, our ability to maintain and acquire new customers, our ability to differentiate our platform from competing products and technologies; our ability to successfully recruit and retain highly-qualified personnel; the price volatility of our common stock, and other risks set forth under the caption “Risk Factors” in our Form 10-K filed on May 28, 2021 and our other SEC filings. We assume no obligation to update any forward-looking statements contained in this document as a result of new information, future events or otherwise.


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DYNATRACE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited – In thousands, except per share data)
Three Months Ended
December 31,
Nine Months Ended
December 31,
2021202020212020
Revenue:
Subscription$226,290 $170,308 $635,411 $472,338 
License257 52 1,337 
Service14,474 12,346 41,397 33,330 
Total revenue240,766 182,911 676,860 507,005 
Cost of revenue:
Cost of subscription28,284 20,382 80,401 55,415 
Cost of service12,232 8,907 32,921 25,471 
Amortization of acquired technology3,944 3,831 11,638 11,487 
Total cost of revenue44,460 33,120 124,960 92,373 
Gross profit196,306 149,791 551,900 414,632 
Operating expenses:
Research and development40,876 28,730 113,509 79,747 
Sales and marketing94,033 64,829 260,816 170,682 
General and administrative32,643 23,442 91,254 67,079 
Amortization of other intangibles7,539 8,685 22,618 26,057 
Restructuring and other— (2)25 23 
Total operating expenses175,091 125,684 488,222 343,588 
Income from operations21,215 24,107 63,678 71,044 
Interest expense, net(2,450)(3,455)(7,958)(11,170)
Other (expense) income, net(1,357)2,526 (1,345)2,744 
Income before income taxes17,408 23,178 54,375 62,618 
Income tax expense
(2,821)(4,762)(2,853)(13,858)
Net income$14,587 $18,416 $51,522 $48,760 
Net income per share:
Basic$0.05 $0.07 $0.18 $0.17 
Diluted$0.05 $0.06 $0.18 $0.17 
Weighted average shares outstanding:
Basic284,722 281,010 283,773 280,057 
Diluted291,845 286,427 290,895 285,884 
UNAUDITED SHARE-BASED COMPENSATION
Three Months Ended
December 31,
Nine Months Ended
December 31,
2021202020212020
Cost of revenue$3,405 $2,066 $9,542 $5,430 
Research and development5,908 3,259 15,331 8,666 
Sales and marketing9,267 6,480 26,487 18,007 
General and administrative8,543 3,783 20,590 10,988 
Total share-based compensation$27,123 $15,588 $71,950 $43,091 
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DYNATRACE, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
December 31, 2021March 31, 2021
(unaudited)
Assets
Current assets:
Cash and cash equivalents$408,723 $324,962 
Accounts receivable, net264,293 242,079 
Deferred commissions, current57,978 48,986 
Prepaid expenses and other current assets81,326 64,255 
Total current assets812,320 680,282 
Property and equipment, net41,984 36,916 
Operating lease right-of-use assets, net59,306 42,959 
Goodwill1,281,764 1,271,195 
Other intangible assets, net117,908 149,484 
Deferred tax assets, net16,390 16,811 
Deferred commissions, non-current58,086 48,638 
Other assets10,003 9,933 
Total assets$2,397,761 $2,256,218 
Liabilities and shareholders' equity
Current liabilities:
Accounts payable$22,256 $9,621 
Accrued expenses, current116,154 119,527 
Deferred revenue, current563,045 509,272 
Operating lease liabilities, current11,700 9,491 
Total current liabilities713,155 647,911 
Deferred revenue, non-current30,937 47,504 
Accrued expenses, non-current20,046 16,072 
Operating lease liabilities, non-current52,976 38,203 
Deferred tax liabilities1,217 1,014 
Long-term debt303,415 391,913 
Total liabilities1,121,746 1,142,617 
Shareholders' equity:
Common shares, $0.001 par value, 600,000,000 shares authorized, 285,701,744 and 283,130,238 shares issued and outstanding at December 31, 2021 and March 31, 2021, respectively
286 283 
Additional paid-in capital1,762,789 1,653,328 
Accumulated deficit(462,277)(513,799)
Accumulated other comprehensive loss(24,783)(26,211)
Total shareholders' equity1,276,015 1,113,601 
Total liabilities and shareholders' equity$2,397,761 $2,256,218 
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DYNATRACE, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Unaudited – In thousands)
Nine Months Ended
December 31,
20212020
Cash flows from operating activities:
Net income$51,522 $48,760 
Adjustments to reconcile net income to cash provided by operations:
Depreciation
7,788 6,589 
Amortization
34,682 39,046 
Share-based compensation
71,950 43,091 
Deferred income taxes
34 (3,014)
Other
2,872 (1,240)
Net change in operating assets and liabilities:
Accounts receivable
(22,362)(37,693)
Deferred commissions
(19,581)(6,380)
Prepaid expenses and other assets
(17,508)25,920 
Accounts payable and accrued expenses
10,987 14,891 
Operating leases, net
683 599 
Deferred revenue
41,545 3,996 
Net cash provided by operating activities
162,612 134,565 
Cash flows from investing activities:
Purchase of property and equipment
(11,768)(8,868)
Capitalized software additions
— (248)
Acquisition of businesses, net of cash acquired(13,195)— 
Net cash used in investing activities
(24,963)(9,116)
Cash flows from financing activities:
Repayment of term loans
(90,000)(60,000)
Proceeds from employee stock purchase plan
13,913 9,195 
Proceeds from exercise of stock options23,650 6,849 
Equity repurchases
(51)(36)
Net cash used in financing activities
(52,488)(43,992)
Effect of exchange rates on cash and cash equivalents(1,400)4,878 
Net increase in cash and cash equivalents83,761 86,335 
Cash and cash equivalents, beginning of period324,962 213,170 
Cash and cash equivalents, end of period$408,723 $299,505 
Supplemental cash flow data:
Cash paid for interest$6,549 $9,914 
Cash paid for (received from) tax, net$12,902 $(14,472)
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DYNATRACE, INC.
GAAP to Non-GAAP Reconciliations
(Unaudited - In thousands, except percentages)
Three Months Ended December 31, 2021
GAAPShare-based compensationEmployer payroll taxes on employee stock transactionsAmortization of other intangiblesRestructuring & otherNon-GAAP
Non-GAAP operating income:
Cost of revenue$44,460 $(3,405)$(149)$(3,944)$— $36,962 
Gross profit196,306 3,405 149 3,944 — 203,804 
Gross margin82 %85 %
Research and development40,876 (5,908)(493)— — 34,475 
Sales and marketing94,033 (9,267)(511)— — 84,255 
General and administrative32,643 (8,543)(124)— (4)23,972 
Amortization of other intangibles7,539 — — (7,539)— — 
Restructuring and other— — — — — — 
Operating income$21,215 $27,123 $1,277 $11,483 $$61,102 
Operating margin%25 %

Three Months Ended December 31, 2020
GAAPShare-based compensationEmployer payroll taxes on employee stock transactionsAmortization of other intangiblesRestructuring & otherNon-GAAP
Non-GAAP operating income:
Cost of revenue$33,120 $(2,066)$(82)$(3,831)$— $27,141 
Gross profit149,791 2,066 82 3,831 — 155,770 
Gross margin82 %85 %
Research and development28,730 (3,259)(288)— — 25,183 
Sales and marketing64,829 (6,480)(288)— — 58,061 
General and administrative23,442 (3,783)(34)— (500)19,125 
Amortization of other intangibles8,685 — — (8,685)— — 
Restructuring and other(2)— — — — 
Operating income$24,107 $15,588 $692 $12,516 $498 $53,401 
Operating margin13 %29 %





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DYNATRACE, INC.
GAAP to Non-GAAP Reconciliations
(Unaudited - In thousands, except per share data)
Three Months Ended December 31,
20212020
Non-GAAP net income:
Net income$14,587 $18,416 
Income tax expense2,821 4,762 
Non-GAAP effective cash tax(7,093)(3,810)
Interest expense, net2,450 3,455 
Cash paid for interest(1,989)(2,991)
Share-based compensation27,123 15,588 
Employer payroll taxes on employee stock transactions1,277 692 
Amortization of other intangibles7,539 8,685 
Amortization of acquired technology3,944 3,831 
Transaction, restructuring, and other498 
Loss (gain) on currency translation1,357 (2,526)
Non-GAAP net income$52,020 $46,600 
Share count:
Weighted-average shares outstanding - basic284,722 281,010 
Weighted-average shares outstanding - diluted291,845 286,427 
Shares used in non-GAAP per share calculations:
Weighted-average shares outstanding - basic284,722 281,010 
Weighted-average shares outstanding - diluted291,845 286,427 
Net income per share:
Net income per share - basic$0.05 $0.07 
Net income per share - diluted$0.05 $0.06 
Non-GAAP net income per share - basic$0.18 $0.17 
Non-GAAP net income per share - diluted$0.18 $0.16 


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DYNATRACE, INC.
GAAP to Non-GAAP Reconciliations
(Unaudited - In thousands)
Three Months Ended December 31,
20212020
Unlevered Free Cash Flow ("uFCF"):
Net cash provided by operating activities$60,844 $73,716 
Cash paid for interest expense1,989 2,991 
Purchase of property and equipment(4,156)(2,468)
Transaction, restructuring, and other1,004 498 
Discrete tax items— 
Total uFCF59,682 74,737 
Interest tax adjustment(496)(748)
uFCF$59,186 $73,989 
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DYNATRACE, INC.
GAAP to Non-GAAP Reconciliations
(Unaudited - In thousands, except percentages)
Nine Months Ended December 31, 2021
GAAPShare-based compensationEmployer payroll taxes on employee stock transactionsAmortization of other intangiblesRestructuring & otherNon-GAAP
Non-GAAP operating income:
Cost of revenue$124,960 $(9,542)$(916)$(11,638)$— $102,864 
Gross profit551,900 9,542 916 11,638 — 573,996 
Gross margin82 %85 %
Research and development113,509 (15,331)(1,620)— — 96,558 
Sales and marketing260,816 (26,487)(1,881)— — 232,448 
General and administrative91,254 (20,590)(578)— (1,206)68,880 
Amortization of other intangibles22,618 — — (22,618)— — 
Restructuring and other25 — — — (25)— 
Operating income$63,678 $71,950 $4,995 $34,256 $1,231 $176,110 
Operating margin%26 %

Nine Months Ended December 31, 2020
GAAPShare-based compensationEmployer payroll taxes on employee stock transactionsAmortization of other intangiblesRestructuring & otherNon-GAAP
Non-GAAP operating income:
Cost of revenue$92,373 $(5,430)$(494)$(11,487)$— $74,962 
Gross profit414,632 5,430 494 11,487 — 432,043 
Gross margin82 %85 %
Research and development79,747 (8,666)(978)— — 70,103 
Sales and marketing170,682 (18,007)(993)— — 151,682 
General and administrative67,079 (10,988)(208)— (3,398)52,485 
Amortization of other intangibles26,057 — — (26,057)— — 
Restructuring and other23 — — — (23)— 
Operating income$71,044 $43,091 $2,673 $37,544 $3,421 $157,773 
Operating margin14 %31 %



13


DYNATRACE, INC.
GAAP to Non-GAAP Reconciliations
(Unaudited - In thousands, except per share data)
Nine Months Ended December 31,
20212020
Non-GAAP net income:
Net income$51,522 $48,760 
Income tax expense2,853 13,858 
Non-GAAP effective cash tax(20,346)(11,174)
Interest expense, net7,958 11,170 
Cash paid for interest(6,549)(9,914)
Share-based compensation71,950 43,091 
Employer payroll taxes on employee stock transactions4,995 2,673 
Amortization of other intangibles22,618 26,057 
Amortization of acquired technology11,638 11,487 
Transaction, restructuring, and other1,231 3,421 
Loss (gain) on currency translation1,345 (2,744)
Non-GAAP net income$149,215 $136,685 
Share count:
Weighted-average shares outstanding - basic283,773 280,057 
Weighted-average shares outstanding - diluted290,895 285,884 
Shares used in non-GAAP per share calculations:
Weighted-average shares outstanding - basic283,773 280,057 
Weighted-average shares outstanding - diluted290,895 285,884 
Net income per share:
Net income per share - basic$0.18 $0.17 
Net income per share - diluted$0.18 $0.17 
Non-GAAP net income per share - basic$0.53 $0.49 
Non-GAAP net income per share - diluted$0.51 $0.48 




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DYNATRACE, INC.
GAAP to Non-GAAP Reconciliations
(Unaudited - In thousands)

Nine Months Ended December 31,
20212020
Unlevered Free Cash Flow ("uFCF"):
Net cash provided by operating activities
$162,612 $134,565 
Cash paid for interest expense6,549 9,914 
Purchase of property and equipment(11,768)(8,868)
Transaction, restructuring, and other1,231 3,421 
Discrete tax items(5,028)14,900 
Total uFCF153,596 153,932 
Interest tax adjustment(1,637)(2,479)
uFCF$151,959 $151,453 


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Contacts

Investor Contact:
Noelle Faris
VP, Investor Relations
Noelle.Faris@dynatrace.com

Media Relations:
Jerome Stewart
VP, Communications
Jerome.Stewart@dynatrace.com





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Definitive Proxy Statement (Form DEF 14A)
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Dynatrace, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2022 10-K Annual Report includes:

  • Voting Procedures
  • Board Members
  • Executive Team
  • Salaries, Bonuses, Perks
  • Peers / Competitors

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Financial Statements, Disclosures and Schedules

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Material Contracts, Statements, Certifications & more

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

Ticker: DT
CIK: 1773383
Form Type: 8-K Corporate News
Accession Number: 0001773383-22-000019
Submitted to the SEC: Wed Feb 02 2022 6:36:19 AM EST
Accepted by the SEC: Wed Feb 02 2022
Period: Wednesday, February 2, 2022
Industry: Prepackaged Software
Events:
  1. Earnings Release
  2. Financial Exhibit

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