Congrats on the quarter. But it's the direct sales organization that finds the cloud architects and application architects coming in through, whether that's DevOps or the operations side of the business, and brings Dynatrace in usually at the time of scale-out of an enterprise cloud. Earlier this month, we announced an important new purpose-built module to the Dynatrace all-in-one platform, Digital Business Analytics. Oracle, the world’s second-largest software maker, had called Silicon Valley home since the company’s 1977 founding.Despite Lanai being such a small island -- with only one school and no stoplights -- residents rarely see Ellison around town, though that may change now that he’s officially moved there.“Nobody knows what his schedule is,” said Alberta de Jetley, a longtime resident of the island and founder of Lanai Today, the island’s monthly newspaper, which she sold to Ellison in 2019. Has the stock market come on too far, too fast? The Dow Jones Industrial Average hit new session highs midday as Apple rallies and lawmakers set to discuss a coronavirus stimulus deal. To receive updates for this company you can register by emailing email@example.com or by clicking get investment info from the company's profile. We've been successful in moving our Classic customer base to the new Dynatrace platform because virtually every company has new enterprise cloud initiatives. And with our powerful AI engine, Davis, at the core of our platform Dynatrace Digital Business Analytics instantly surfaces answers to degradations and anomalies with precise problem determination across the entire delivery chain so that human action can be taken rapidly to resolve issues before users and revenue are impacted. Munger also warned against aggressive monetary easing policies. We don't just do observability, we actually do automation and intelligence, which drive greater business value. We also realized a modest upward expense leverage in the second quarter, and therefore, non-GAAP operating margin was 23%, up from 17% in the second quarter of '19. The last financial measure that I would like to discuss is remaining performance obligation, which at the end of the quarter was $653 million, an increase of 83% over Q2 of last year. 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. There are two ARR growth drivers in our business. [Operator instructions] Please be advised that today's conference is being recorded. What we try to do is actually solve customer problems and help them drive better business outcomes. Learn more. Let me share an example of one of the many meaningful customer expansions during the quarter. As we are still in the early innings of Dynatrace adoption, most of our expansion is driven by customers deploying our platform into new application stacks. So that's how we go-to-market today. ( 108,061 followers) Dynatrace, Inc. (NYSE: DT) Q4 2020 Results Earnings Conference Call. "I can remember having a five-course filet mignon dinner in Omaha for 60 cents when I was a little boy. So, there's plenty of headroom. With that, we will open the call for questions. Over the last 12 months, 58% of our Dynatrace customer growth has been the result of new logos to the company. Web-scale environments, which were a novelty just a couple of years ago, are becoming commonplace as enterprises shift from static on-premise data centers to dynamic multi-cloud architectures with highly distributed microservices workloads. Investor's Business Daily. Ellison is the main employer of Lanai’s 3,000 residents. He said that Sequoia had made more money than anybody.See more from Benzinga * Click here for options trades from Benzinga * Asia Slips, Europe Mixed On Tighter Curbs, Looming Lockdown Fears * Google Kills Its Google Home Max Smart Speaker Line(C) 2020 Benzinga.com. The Internal Revenue Service (IRS) is making it harder for taxpayers to conceal cryptocurrency transactions. The Dow Jones Industrial Average sank after President Donald Trump issued a coronavirus stimulus demand. 2 Likes. Maybe a little bit more color there will be helpful. This is particularly exciting for us for two reasons. And we also added support for the clustering of clusters, including cross-cluster distributed tracing or scalability without limits. I'm just trying to help people understand the difference on that. Matt Hedberg -- RBC Capital Markets -- Analyst. You'd be sitting on $612,162 if you invested $1k in each of these stocks picked by Motley Fool. You offer a separate SKU there, obviously. Maybe the last thing I ought to say in the competitive landscape front is we really don't overlap, certainly not yet, with some of these other competitors coming out of the infrastructure space. Sure. After looking at a number of cloud monitoring solutions, the insurer selected Dynatrace as they've determined that it was the only platform that could show them the cost of outages in the context of application performance and how degradations and performance impacted their call center operations. A number of our early adopter customers are using this functionality today, including fashion retailer outlets. In summary, we are very pleased with our second-quarter performance and remain focused on building a strong track record as a public company. Sure. Your next question will come from the line of Bhavan Suri of William Blair. During the course of today's call, we'll refer to certain non-GAAP financial measures as defined by Regulation G. The GAAP financial measure most directly comparable to each non-GAAP financial measure used or discussed and a reconciliation of the differences between each non-GAAP financial measure and the comparable GAAP financial measure can be found within our second fiscal quarter 2020 earnings press release in the Investor Relations section of our website at dynatrace.com. Brokerages expect Dynatrace, Inc. (NYSE:DT) to post $0.13 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. We are seeing a nice step-up in subscription gross margin percent where we are realizing the benefits of winding down the Classic stack and, more importantly, the benefits of the Dynatrace platform, which has 1 code base and over 90% of our customers on a version released within the last 30 days, an extremely efficient product. In general, the greenfield is about 1/3 of what we see. “The answer is no. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. And then seeing the net expansion north of 120% is great. She serves on the board of HubSpot and served as a Director of Carbon Black and Adaptive Insights, among others. This is Parthiv on for Brent. Before we start, I'd like to draw your attention to the Safe Harbor statement included in today's press release. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. We're really excited about it. So, in summary, our execution across our key performance indicators remain strong. At least one Tesla analyst says the company's lofty stock price should come crashing down to $60 to $80 a share. 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. We don't just try to put more metrics out than somebody else. 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. Our current Dynatrace ARR per customer is north of $200,000, and we continue to believe that there's a large opportunity for further expansion in our existing customer base. Stock Advisor launched in February of 2002. MongoDB, Inc. (MDB) Q3 2021 Earnings Call Transcript. Nobody has gotten by with the kind of money printing now for a very extended period without some kind of trouble," he said. Well, our business analytics are directly connected with performance, user experience, and connected all the way down into infrastructure and virtual network elements that may or may not be affecting performance issues. It's also the team you assemble around you. The world has really changed," he quipped. Davis' ability to provide precise root cause problem identification for faster decision-making, greater optimization of IT resources and better business outcomes led to the selection of the Dynatrace software intelligence platform. Earnings Call Transcriptsâ¦ Learn more. Turning to our balance sheet. So, from a competitive landscape perspective, we haven't seen much change, honestly, since we last talked. Munger called technology "a killer and an opportunity." Edited earnings call transcripts of Dynatrace Inc (DT) stock Open a support ticket or view your previous tickets for help with Dynatrace, NAM, AppMon, or Synthetic Classic. We continue to run ahead of plan on moving Classic customers on to the Dynatrace platform. It's about assuring better business outcomes by adopting measure by user experience, conversion rates, increased revenue or enhanced brand loyalty. 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