Benzinga | May 12, 2021 06:36AM EDT

Dynatrace Sees Q1 Adj. EPS $0.14-$0.15 vs $0.14 Est., Sales $202M-$204M vs $197.04M Est.; Sees FY22 Adj. EPS $0.59-$0.62 vs $0.63 Est., Sales $885M-$900M vs $868.24M Est.

Financial Outlook

Based on information available, as of May 12, 2021, Dynatrace is issuing guidance for the first quarter fiscal 2022 and full year fiscal 2022 as follows:

All growth rates are compared to the first quarter and full year of fiscal 2021 unless otherwise noted.

First Quarter of Fiscal Year 2022:

* Total revenue is expected to be in the range of $202 to $204 million, 30% to 31% growth as reported, and 25% to 26% on a constant currency basis

* Subscription revenue is expected to be in the range of $190.5 to $192 million, 32% to 33% growth as reported, 27% to 28% on a constant currency basis

* Non-GAAP operating income is expected to be in the range of $49 to $51 million

* Non-GAAP net income is expected to be in the range of $41 to $43 million

* Non-GAAP net income per diluted share is expected to be in the range of $0.14 to $0.15, based on a range of 291 to 292 million diluted weighted-average shares outstanding Full Year Fiscal 2022: Total ARR is expected to be in the range of $975 to $990 million, 26% to 28% growth as reported, and 25% to 27% on a constant currency basis Total revenue is expected to be in the range of $885 to $900 million, 26% to 28% growth as reported, and 24% to 26% on a constant currency basis Subscription revenue is expected to be in the range of $834 to $848 million, 27% to 29% growth as reported, and 25% to 27% on a constant currency basis Non-GAAP operating income is expected to be in the range of $203 to $216 million Non-GAAP net income is expected to be in the range of $171 to $183 million Non-GAAP net income per diluted share is expected to be in the range of $0.59 to $0.62, based on a range of 292 to 293 million diluted weighted-average shares outstanding Total unlevered free cash flow is expected to be in the range of $256 to $268 million, 29% to 30% of revenue Our guidance is based on foreign exchange rates as of April 30, 2021.