Benzinga | Nov 5, 2020 05:26PM EST

New Relic Q2 Adj. EPS $(0.07) Misses $0.01 Estimate, Sales $166.05M Beat $163.42M Estimate

New Relic (NYSE:NEWR) reported quarterly losses of $(0.07) per share which missed the analyst consensus estimate of $0.01 by 800 percent. This is a 129.17 percent decrease over earnings of $0.24 per share from the same period last year. The company reported quarterly sales of $166.05 million which beat the analyst consensus estimate of $163.42 million by 1.61 percent. This is a 13.88 percent increase over sales of $145.81 million the same period last year.