Dynatrace (DT) Shares Are Trading Higher After Q4 Earnings: The Details - Dynatrace (NYSE:DT)

Dynatrace, Inc DT reported fourth-quarter FY23 revenue growth of 27% year-on-year to $314.48 million (CC), beating the consensus of $304.96 million.
Adjusted ARR increased 29% Y/Y. Revenues from Subscription rose 28% Y/Y to $293 million (CC).
Margins: The non-GAAP operating margin expanded by 200 basis points to 25%.
Non-GAAP EPS of $0.31 beat the consensus of $0.22.
Dynatrace generated $114.5 million in free cash flow during the quarter. It held $555.3 million in cash and equivalents.
Outlook: Dynatrace sees Q1 FY24 revenue of $325 million- $328 million (consensus $319.24 million).
Dynatrace sees non-GAAP EPS of $0.22 (consensus $0.22).
For FY24, Dynatrace expects revenue of $1.388 billion - $1.406 billion, above the consensus of $1.360 billion.
Dynatrace expects non-GAAP EPS of $0.98 - $1.02 versus the consensus of $0.99.
Price Action: DT shares traded higher by 7.46% at $50.30 premarket on the last check Wednesday.

Dynatrace Shares Are Trading Higher After Q4 Earnings: The Details