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Dynatrace, Inc. (DT) SEC Filing 10-Q Quarterly Report for the period ending Friday, December 31, 2021

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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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The following information was filed by Dynatrace, Inc. (DT) on Wednesday, February 2, 2022 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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Dynatrace, Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2022 10-K Annual Report includes:

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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
Condensed Consolidated Statements Of Operations
Condensed Consolidated Statements Of Shareholders' Equity
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 Per Share
Net Income Per Share (Tables)
Net Income Per Share - Antidilutive Securities Excluded From Computation Of Earnings Per Share (Details)
Net Income Per Share - Summary Of Basic And Diluted Net Income Per Share (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)

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: 0001773383-22-000021
Submitted to the SEC: Wed Feb 02 2022 6:46:58 AM EST
Accepted by the SEC: Wed Feb 02 2022
Period: Friday, December 31, 2021
Industry: Prepackaged Software

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