But over time, we'll expand that monetization opportunity, as I said, some additional analytics become available and some other pieces that we have on the road map to extend our functionality in this area to fit the business user needs. And that connective tissue to be that tight is something that every customer looks for as they try to drive their digital business initiatives forward. This is Matt on for Sterling. We now have about 1,800 of them penetrated, so a little over 10%. New research from the BC Center for Retirement Research finds that most of us don’t pay much in income tax once we’re retired. All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. Dynatrace Holdings LLC (DT) Q2 2020 Earnings Call Transcript DT earnings call for the period ending September 30, 2019. And that's a key part of driving full TAM expansion in this area for us as we go forward. You talked about the digital experience, seeing attach rates ticking up. Is Pfizer Stock A Buy After FDA Authorizes Its Coronavirus Vaccine? Thanks, Michael. Nobody, except for the people who actually work at the airport, know when he’s coming and going.”For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. Before you plunge your $6,000 annual limit into a “Roth” individual retirement account for 2020, stop for a second and look at some fresh data out of Boston College. As a result of these changes, total gross margins have increased, as I just mentioned. Sure. ET. Commenting on the recent surge in tech companies' value, Munger said he has never seen anything like it.Munger compared Apple Inc (NASDAQ: AAPL) to John D Rockefeller's empire. Dynatrace Holdings LLC (DT) Q2 2021 Earnings Call Transcript. Clearly, the analytics AI engine will sell because it has a name Davis, so we'll just leave it at that. The Dynatrace platform's automatic install, self-learning baselining and in-product chat enabled the company to meet a tight time frame for implementation for its new applications and underlying enterprise cloud. And as we talked about before, we target the global 15,000 enterprises. And the stat that I think Kevin gave you, which is 58% over trailing 12 months, 58% of the new customers added to the Dynatrace platform, somewhere a little over 900 customers there, 58% have been new logos to the business. Turning to revenue. In addition, we're also beginning to see increased adoption of additional platform modules as customers recognize the power of our broader platform capabilities. Thank you, everyone. May 12, 2020 8:00 am ET. This optimism is reflected in the increased top line guidance that Kevin will detail in a few minutes. It’s no wonder so many people are using this Princeton alum’s network of financial advisors to get qualified, expert retirement guidance and advice. Mahalo, Larry.”Ellison, 76, who has a net worth of about $75 billion, according to data compiled by Bloomberg, owns 98% of Lanai, Hawaii’s sixth largest island that’s mostly made up of Ellison’s luxury hotels and resorts. The question is, where are their customers in terms of understanding that in terms of like the microservices wall that you're talking about and that eventually a lot more stuff has to come to you. ... Dynatrace Earnings Top Estimates, Revenue Guidance Above Views. Consistent with prior quarters, a majority of these customers continue to be net new logos to our business. "Munger added that a loose monetary policy would have inflationary effects. So, if you look at where we've been, we've moved about $100 million off of the Classic stack over last six quarters of the member sales organization. For the third quarter, we expect total revenue to be in the range of $137 million to $138 million, representing year-over-year growth of 19% to 20%. New logo expansion; customer net expansion once they are on our new Dynatrace platform; continued progress moving Classic customers to Dynatrace; and finally, innovation and highlights around platform and TAM expansion. Find the latest Earnings Report Date for Dynatrace, Inc. Common Stock (DT) at Nasdaq.com. What we try to do is actually solve customer problems and help them drive better business outcomes. It's to show them, not just the Dynatrace advantage, but show them that it actually is true. Kevin? Our best estimates are even at the high end, they're in the 20% to 30% range with the Dynatrace, but they all want to get to 50-plus. The Internal Revenue Service (IRS) is making it harder for taxpayers to conceal cryptocurrency transactions. But then you guys are just offering something that is very unique in the market because none of the other APM guys have really rewritten, and you guys are solving one of the most complex issues out there. Once again, during the quarter, over 200 new customers have joined the Dynatrace platform family. Obviously, we have an expanding sales organization, so that certainly helps. Q2 2019 Dynatrace, Inc. Earnings Conference call 09/04/2019 05:00 PM (EDT) Latest calls Page 1 of 1 Showing 1 – 4 of 4 calls No events. Maybe a little bit more color there will be helpful. So, from a conversion standpoint, the new platform is extremely sticky. Dynatrace will host a conference call today, October 30, 2019, to discuss its results at 5:00 p.m. Eastern Time. GE’s stock jumps after two Wall Street analysts raise their targets by more than 40%, Berkshire's Charlie Munger Warns Against Market Frenzy, Expects Lower Returns In Next Decade, Bank of America Flags Sell Signal for Stocks as Investors Rush Out of Cash, Dow Jumps 330 Points As Apple Rallies; McConnell, Pelosi To Meet On Stimulus Deal, Warren Buffett's 6 tricks to teach kids about money, IRS is ‘setting the trap’ for bitcoin and virtual currency investors on 2020 tax form. Previously, the customer had a low urgency to change as our classic offering was serving their needs well for current enterprise applications. Software intelligence for the enterprise cloud – transform faster and compete more effectively in the digital age. In addition to adding new modules to the Dynatrace platform, we continue to extend existing platform capabilities as well. Yahoo. These are the electric car stocks with the best value, fastest growth, and most momentum for Q1 2021. The world has really changed," he quipped. We continue to build on our track record of rapidly expanding with customers once they are on the Dynatrace platform. The exciting thing is that while the land is nice, it's the expansion that has accelerated for us versus our Classic product world. That serves us well. The market needs our kind of platform for dynamic web-scale workloads. Here's what the stock market is predicting for 2021, Dow Jones Falls After Trump Makes Stimulus Demand, Nio Stock Down Again, Blink Charging Signs New Deal As Auto Giants Back EV Incentives. Read about the reinvention of Dynatrace as they explored the future of application monitoring. Before moving to our profit metrics, I would like to point out that I will be discussing non-GAAP results going forward, unless otherwise stated, and that our non-GAAP measures exclude stock-based compensation, amortization of acquired intangibles and other items as outlined in the tables and in the press release. Thank you, John, and good afternoon, everyone. View source version on accesswire.com: https://www.accesswire.com/612478/Dynatrace-Inc-to-Host-Earnings-Call. Customers are excited about it because it gives them a direct connection between some of this sort of metrics and problem determination, items under the hood directly with business outcome metrics. This is the sixth straight quarter we've exceeded this mark. With that said, we remain focused on investing for long-term growth and plan to reinvest some of the revenue upside we expect for the full year back into the business which is reflected in our guidance. Cumulative Growth of a $10,000 Investment in Stock Advisor, Dynatrace Holdings LLC (DT) Q2 2020 Earnings Call Transcript @themotleyfool #stocks $DT, This Cloud Pioneer Is Ushering in a New Cybersecurity Trend in 2021, Why I Just Purchased Shares of AI Cloud Observability Company Dynatrace, Dynatrace Holdings LLC (DT) Q2 2021 Earnings Call Transcript, DataDog Rival Sumo Logic Files for IPO to Get in on the Rally, Copyright, Trademark and Patent Information. Non-GAAP net income was $17.3 million and $0.06 per share. We've been successful in moving our Classic customer base to the new Dynatrace platform because virtually every company has new enterprise cloud initiatives. As a result, all of our ARR expansion is either product expansion or adding new logos to the business. Benzinga does not provide investment advice. But still early days, and there's still a lot of headroom just on that application side before you even get to the cross-sell into additional ITOM use cases. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. Richard Davis -- Canaccord Genuity -- Analyst. Edited earnings call transcripts of Dynatrace Inc (DT) stock And nobody does that. If we quickly break down these two ARR growth drivers, during the quarter, we added 250 net new Dynatrace customers, ending the quarter with 1,828 Dynatrace customers. After a bad experience with their previous supplier, a gen 2 player who missed the market transition to the enterprise cloud, the company acquired its initial licenses for Dynatrace in the second quarter of this calendar year for an initial set of applications running in Azure. Gilead abandons filgotinib for rheumatoid arthritis in U.S. We are in the early innings. Included in that math is churn -- is a little bit of churn. A quick one. Dynatrace Announces PurePath 4 with OpenTelemetry and Support for the Latest Cloud-Native Architectures. That is starting to expand well. So, that's been consistent for us over the last year, couple of years. The Oracle of Omaha even made his own cartoon to help the next generation learn. Everybody sort of sits on the surface and sort of bubbles along, Google, Adobe, etc. Sure. We're in a good competitive position. Second, as a result of the spinoff of the mainframe business, we recorded a spin tax charge of approximately $256 million. And as I just described, our innovation engine continues to deliver highly differentiated product value for our growing enterprise customer base. With Digital Business Analytics, Dynatrace now connects best-in-class cloud infrastructure and application observability with key business analytic data such as conversion rates, revenue by product and geography, segmentation by channel, abandonment rates by page or path and more. The initial land is very consistent with where it's been, in the 90,000 to 100,000 initial land. We don't just try to put more metrics out than somebody else. Learn more. But when new management came on board and prioritized digital transformation, their needs and urgency quickly changed. So as that continues, and that trend continues, I do think our new logo expansion to the franchise will continue to be robust. Are You Missing Out on the Market’s Biggest Gains? We also recently added Jill Ward to our Board. Maybe what are you seeing in terms of the number of APM hosts deployed on that initial land in the recent cohort of customers relative to what you saw in the past. On the one hand, technological changes impact businesses, but on the other hand, Berkshire owns the Burlington Northern railroad. This was above our guidance of $0.04 per share. I gave an example just a few minutes ago of one customer, but pretty much anyone who has some kind of an e-commerce or some kind of an important customer-facing application is a great candidate for extended DEM use from Dynatrace. Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on what's trending. Based on cloud optimization savings alone, the company calculated a payback for their Dynatrace investment of less than six months. Monitoring cloud infrastructure and applications is not simply about metrics, logs and traces. During their proof of concept, something we do with all new customers to demonstrate the Dynatrace difference, they discovered the power of Dynatrace's explainable AI engine, Davis, which continually learns what normal performance is, processing billions of dependencies in real time to serve up precise answers that were beyond their team's ability to quickly identify. DEM is sort of more pervasive at the moment. Has the stock market come on too far, too fast? I'll take each of these in order, starting with business from new customers. 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