Dynatrace Holdings LLC (NYSE: DT) shares surged 6.37% in pre-market trading on Wednesday, following the company's announcement of better-than-expected first-quarter results and an improved full-year outlook.
The software intelligence company reported fiscal Q1 non-GAAP earnings of $0.42 per diluted share, surpassing the FactSet analyst consensus estimate of $0.38. This represents a significant 27.27% increase from $0.33 per share in the same period last year. Revenue for the quarter ended June 30 reached $477.3 million, beating analyst expectations of $467.5 million and marking a 19.57% year-over-year growth from $399.2 million.
Adding to the positive sentiment, Dynatrace raised its fiscal 2026 guidance. The company now expects non-GAAP earnings of $1.58 to $1.61 per share, up from the previous range of $1.56 to $1.59. Revenue projections for fiscal 2026 were also increased to $1.97 billion to $1.99 billion, from the earlier estimate of $1.95 billion to $1.97 billion. These upgraded forecasts reflect the company's confidence in its growth trajectory and operational efficiency, likely contributing to the strong pre-market rally.