Benzinga | Aug 4, 2020 04:42PM EDT

New Relic Q1 Adj. EPS $0.15 Beats $0.03 Estimate, Sales $163.00M Beat $159.40M Estimate

New Relic (NYSE:NEWR) reported quarterly earnings of $0.15 per share which beat the analyst consensus estimate of $0.03 by 400 percent. This is a 21.05 percent decrease over earnings of $0.19 per share from the same period last year. The company reported quarterly sales of $163.00 million which beat the analyst consensus estimate of $159.40 million by 2.26 percent. This is a 15.59 percent increase over sales of $141.01 million the same period last year.