Benzinga | Aug 3, 2021 04:46PM EDT

New Relic Q1 EPS $(0.25) Beats $(0.37) Estimate, Sales $180.00M Beat $172.03M Estimate

New Relic (NYSE:NEWR) reported quarterly losses of $(0.25) per share which beat the analyst consensus estimate of $(0.37) by 32.43 percent. This is a 266.67 percent decrease over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $180.00 million which beat the analyst consensus estimate of $172.03 million by 4.63 percent. This is a 10.71 percent increase over sales of $162.59 million the same period last year.