New Relic

  • New Relic Posts Strong FQ1 Revenue, Beats On Profit And Guides Above Street Expectations

    New Relic Posts Strong FQ1 Revenue, Beats On Profit And Guides Above Street Expectations

    New Relic reported its first quarter, fiscal 2016 performance today, including better-than-expected revenue, and lower-than-expected per-share loss. While the latter clause is correct, it’s worth noting that on either a normal (GAAP) and adjusted (non-GAAP) basis, New Relic lost more in its most recent quarter than it did in the comparable year-ago period. However, due to changes in… Read More

  • The New Rules Of Going Public

    The New Rules Of Going Public

    According to a recent report, Twilio wants to go public. Twilio, a company that provides software-based communications tools for developers, closed out 2014 on a $100 million annual run rate. Or, put another way, Twilio brought in just over $8 million in top line last December. Box, New Relic and Hortonworks each recently proved that the IPO window is open and that investors have an appetite… Read More

  • A Relic, An Iron And The King Dish Their Financial Results To Wall Street

    A Relic, An Iron And The King Dish Their Financial Results To Wall Street

    It’s earnings season, which puts a bright light on newly and recently public technology firms’ performances. Given that 2015 is widely expected to be an active year for IPOs, how are the new kids doing? Let’s take a look at New Relic, the most recently public; MobileIron, the middle child; and King, which, of the three, has been public the longest. Read More

  • New Relic And Hortonworks See Strong Public Debuts

    New Relic And Hortonworks See Strong Public Debuts

    In early trading, New Relic’s shares are up 31 percent in its first day as a public company. Another technology company, Hortonworks, will begin trading this morning as well. Update: Hortonworks has opened to a massive gain of more than 40 percent as well. For tech IPOs, today is a huge day. The two companies are trading on different exchanges, with New Relic selecting the NYSE, and… Read More

  • Lending Club’s IPO Pops 56% In Its First Day, Sets Stage For Hortonworks And New Relic Offerings

    Lending Club’s IPO Pops 56% In Its First Day, Sets Stage For Hortonworks And New Relic Offerings

    Lending Club had a strong debut in the public markets today, popping 56 percent from its $15 IPO price to more than $23 per share. As TechCrunch reported previously, the company’s offering was “the largest IPO for a U.S.-based tech company” thus far this calendar year. The company’s IPO sets the stage for tomorrow’s flotations of both Hortonworks and New Relic. Read More

  • New Relic Files To Go Public

    New Relic Files To Go Public

    New Relic, a company that provides app-monitoring on a SaaS-basis, filed to go public today. The company intends to use the ticker symbol “NEWR” in the flotation, and its offering is underwritten by Moran Stanley, J.P. Morgan, and four other groups. The company’s financials appear to be strong, when compared to current market norms. In the first 6 months of 2014, the company… Read More

  • New Relic Buys Dashboard Tool Ducksboard As It Continues Expansion Into Analytics

    New Relic Buys Dashboard Tool Ducksboard As It Continues Expansion Into Analytics

    When you think of New Relic, you might think of traditional server-side application performance monitoring, and of course New Relic does that and other monitoring tasks, but increasingly it’s moving into analytics and today at its FutureStack user conference, the company announced it has bought cloud dashboard-building tool Ducksboard as it continues to broaden its analytics… Read More

  • New Relic Goes Beyond Server Monitoring And Adds Software Analytics

    New Relic Goes Beyond Server Monitoring And Adds Software Analytics

    New Relic, maker of server and application-monitoring tools for developers, today announced what is probably the company’s biggest release since it launched in 2008. With New Relic Insights (formerly known under its codename Rubicon), the company is now using its platform to go beyond its traditional core features and is launching a real-time business analytics platform (or… Read More

  • New Relic Makes A Bet On A Real-Time Service That Processes Billions Of Data Points For Ad Hoc Analysis

    New Relic Makes A Bet On A Real-Time Service That Processes Billions Of Data Points For Ad Hoc Analysis

    Every couple of months, New Relic CEO Lew Cirne has coded on a secret project, away from the family and mostly anyone else. He has been a code monk, cloistered in a cabin, developing a real-time analytics engine code-named Rubicon that uses live application data to do ad hoc analysis. Cirne says the service he developed is essentially a database that processes billions of data points on a… Read More