Q2 saw Dynatrace report a 19.9% revenue increase, surpassing EPS analyst estimates by $0.04.

Dynatrace, Inc. (NYSE:DT) experienced a 32.8% reduction in Bank of New York Mellon Corp's holdings in Q2, selling 1,158,298 shares, while The State of Michigan Retirement System reduced its stake by 1.7%. Despite this, other institutional investors have increased their holdings in Dynatrace. In Q2, the company reported a 19.9% increase in revenue compared to the same period last year, earning $0.33 EPS, surpassing analysts' estimates of $0.29 by $0.04. Analysts forecast 0.71 EPS for the current fiscal year.

August 28, 2024
19 Articles