NEWR

Summary Several months ago, New Relic introduced its second iteration of New Relic 1. The offering is designed to compete more effectively with Datadog. In some ways, it is a case of imitation being the sincerest form of flattery. The quarterly results reported by NR in the first quarter of general availability of the new…

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Trying to make sense of Datadog’s valuation Making sense of hyper-growth valuations is a fraught undertaking. The problems are manifold in that no one has any real idea as to when the hyper growth phase of a story ends. That would be true even if there were no pandemic, and work-from-home orders. But in this…

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In trying to provide a timely service to subscribers, I sometimes go outside of my comfort zone. And so it proved to be when I pointed out a strongly positive recommendation from another analyst at RayJay regarding New Relic, and suggested that it might be a trade into today’s earnings release. Eons ago, when I…

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Amazon’s strength; Amazon reported one of it stronger quarters relative to expectations last week. I generally do not comment at any great length about Amazon these days. It probably trails only Apple and Tesla as the most covered company in the tech space and I feel as though I am not likely to be able…

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Part 2 New Relic

New Relic shares have seemingly become an old relic in the wake of the company’s most recent earnings release. We were fortunate to escape the debacle here, as much because of our desire to recommit capital to Elastic as for any other specific reason. I have gotten requests from several readers to review the quarter…

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Earnings season for the companies whose quarter ended 6/30 is winding down now, and it will be a week or two before the results of companies whose quarter ended 7/31 start flowing in any volume. NetApp does report this week, but as it has already preannounced and talked about its view of the market ,…

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New Relic reported the results of its Q4 on Tuesday afternoon. The results themselves were quite satisfactory with revenue growth of 34%, and EPS of $.13. These results represented beats of about 3% on revenues and $.07/share on EPS. The EPS beat was entirely a function of the revenue beat-essentially all of the extra revenue…

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Cognizant (CTSH) We are buying 200 shares of Cognizant (CTSH) in our income/stability portfolio, using up our cash balance, and a little more. We are buying the shares at a price of $64.63, the closing price on Monday, which will take $12,926. We had sold Cognizant shares back in August at $75/share in the wake…

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