Dynatrace Rises on Strong Results and Forecast
Comment of the Day

May 18 2023

Commentary by Eoin Treacy

Dynatrace Rises on Strong Results and Forecast

This note following Dynatrace’s earnings may be of interest. Here is a section:

Dynatrace shares are up 5.9% in premarket trading, after the infrastructure-software company reported fourth-quarter results that beat expectations and gave a full-year forecast that is ahead of the analyst consensus.

Barclays (equal weight, PT $41)
Profitability metrics were “all nicely above consensus,” while the outlook seems conservative
“The results and guide provide ammunition for the bulls, suggesting stronger product/[go-to-market] execution and/or improving macro conditions”

Eoin Treacy's view

The market environment has changed from worrying about a recession to the fervent belief that AI will both solve all of humanity's problems and ultimately result in our annihilation. The reality is any model is only as good as the data it is trained on. That gives a clear advantage to the data repositories.  

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