Benzinga | Feb 3, 2021 06:39AM EST

Dynatrace Sees Q4 Adj. EPS $0.13-$0.14 vs $0.12 Est., Sales $190M-$192M vs $176.42M Est.; Sees FY21 Adj. EPS $0.61-$0.62 vs $0.56 Est., Sales $697M-$699M vs $672.9M Est.

Financial Outlook

Based on information available, as of February 3, 2021, Dynatrace is issuing guidance for the fourth quarter and raising guidance for full year fiscal 2021 as follows:

Fourth Quarter of Fiscal Year 2021

* Total revenue is expected to be in the range of $190 million to $192 million, 26% to 28% growth as reported, and 23% to 24% on a constant currency basis

* Subscription revenue is expected to be in the range of $178 million to $180 million, 32% to 33% growth as reported, 28% to 29% on a constant currency basis

* Non-GAAP operating income is expected to be in the range of $44 million to $46 million

* Non-GAAP net income is expected to be in the range of $38 million to $40 million

* Non-GAAP net income per diluted share is expected to be in the range of $0.13 to $0.14, based on a range of 288 million to 289 million diluted weighted-average shares outstanding

Full Year Fiscal 2021

* Total ARR is expected to be in the range of $756 million to $760 million, 32% to 33% growth as reported, and 29% on a constant currency basis

* Total revenue is expected to be in the range of $697 million to $699 million, 28% growth as reported, and 27% growth on a constant currency basis

* Subscription revenue is expected to be in the range of $650 million to $652 million, 33% to 34% growth as reported, and 32% growth on a constant currency basis

* Non-GAAP operating income is expected to be in the range of $202 million to $204 million

* Non-GAAP net income is expected to be in the range of $175 million to $178 million

* Non-GAAP net income per diluted share is expected to be in the range of $0.61 to $0.62, based on a range of 287 million to 288 million diluted weighted-average shares outstanding

* Total unlevered free cash flow is expected to be in the range of $220 million to $225 million, 32% of revenue