Nov 3, 8:08 AM ET
Dynatrace reported fiscal second-quarter 2027 revenue of $579.9 million, up 17% year over year, and GAAP diluted EPS of $0.23 versus $0.19. The company raised its full-year revenue outlook but cut its full-year non-GAAP operating income and non-GAAP EPS guidance, and its board authorized a new $1 billion share repurchase program.
- Q2 total revenue $579.9 million vs. $493.8 million a year earlier; non-GAAP diluted EPS $0.54 vs. $0.44
- Full-year fiscal 2027 total revenue guidance raised to $2,330-$2,340 million from $2,306-$2,320 million; non-GAAP EPS guidance cut to $1.88-$1.90 from $1.97-$1.99
- New buyback authorization of up to $1 billion; Dynatrace spent $246 million repurchasing 5.2 million shares in Q2 at an average $47.38
- Arize acquisition completed October 1, 2026; Investor Day scheduled for February 16, 2027 in Las Vegas
Read the filing on SEC.gov ↗
Sep 25, 4:36 PM ET
Dynatrace's subsidiaries signed a Credit Agreement with Bank of America, N.A. as administrative agent for a $500 million senior secured revolving credit facility. The facility matures June 24, 2031, and carries leverage-based pricing and a maximum Total Leverage Ratio covenant of 4.00 to 1.00.
- Revolving commitments of up to $500 million, signed September 24, 2026 with Bank of America, N.A. as administrative agent
- Non-U.S. dollar borrowings in Euros, Pounds Sterling and Canadian Dollars are capped at $100 million in aggregate
- Facility matures June 24, 2031, with a springing maturity tied to the 2031 exchangeable notes if more than $300 million remain outstanding 91 days before their maturity
- Leverage covenant of 4.00 to 1.00 starts with the fiscal quarter ending December 31, 2026, temporarily rising to 4.50 to 1.00 after certain acquisitions over $150 million
Read the filing on SEC.gov ↗
Aug 20, 4:14 PM ET
Dynatrace subsidiary Dynatrace LLC issued $1.4375 billion of 0.00% exchangeable senior notes due September 1, 2031, on August 20, 2026, including the full $187.5 million option. The company also used about $134.7 million of net proceeds to repurchase about 2.83 million shares of its common stock, and terminated its senior secured revolving credit facility. The notes are exchangeable into cash, shares or both, which could dilute shareholders if exchanged into stock, though hedge and warrant transactions are intended to offset part of that dilution.
- Notes issued August 20, 2026: $1.4375 billion principal, 0.00% interest, maturing September 1, 2031
- Net proceeds of about $1.411 billion; about $167.8 million used for the note hedge cost, net of warrant proceeds
- About $134.7 million used to repurchase about 2.83 million shares at $47.61, the August 17, 2026 closing price
- Initial exchange price of about $64.27 per share; the revolving credit facility was terminated with only cash-collateralized letters of credit outstanding
Read the filing on SEC.gov ↗
Aug 5, 6:32 AM ET
Dynatrace reported first-quarter fiscal 2027 revenue of $555 million, up 16%, and said it exceeded the high end of its guidance. The company lowered its full-year fiscal 2027 revenue and ARR guidance at the midpoint, citing foreign exchange, while CFO Jim Benson said he will retire by March 31, 2027, and a search for a successor has begun.
- Q1 total revenue $555 million, up 16%; GAAP net income $36.7 million vs. $48.0 million a year earlier; GAAP diluted EPS $0.12 vs. $0.16
- Non-GAAP diluted EPS $0.48 vs. $0.42 a year earlier; company repurchased $275 million of stock in the quarter
- Fiscal 2027 total revenue guidance now $2,306-$2,320 million vs. $2,317-$2,335 million prior, a $13 million midpoint cut; ARR guidance cut $23 million at midpoint
- Benson, Executive VP, CFO and Treasurer, will resign by the fiscal year end on March 31, 2027; the company has begun a search for a new CFO
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.