New Relic Inc
Change company Symbol lookup
Select an option...
NEWR New Relic Inc
T AT&T Inc
AICAF Air China Ltd
MMM 3M Co
XOM Exxon Mobil Corp
JNJ Johnson & Johnson
TIP iShares TIPS Bond ETF
OCUL Ocular Therapeutix Inc
NLY Annaly Capital Management Inc
APM Aptorum Group Ltd
Go

Information Technology : Software | Small Cap Growth
Company profile

New Relic, Inc. (New Relic) is a provider of enterprise software. The Company's cloud-based platform and range of products enable organizations to collect, store and analyze software data in real time. The Company's New Relic Software Analytics Cloud consists of an integrated suite of products, a data database and an open platform. New Relic offers an integrated suite of products, namely, New Relic APM, for application performance management; New Relic Mobile, for mobile application performance management; New Relic Servers, for server monitoring for cloud and data centers; New Relic Browser, for end user experience monitoring and performance monitoring; New Relic Synthetics, for software testing through simulated usage; New Relic Plugins, plugins to extend its functionality into other applications; New Relic Alerts, for policy management and delivering alerts across entire suite of products, and New Relic Insights, for real-time big data analytics for business managers.

Price
Delayed
$56.15
Day's Change
-0.17 (-0.30%)
Bid
--
Ask
--
B/A Size
--
Day's High
57.02
Day's Low
55.65
Volume
(Light)

Today's volume of 206,946 shares is on pace to be much lighter than NEWR's 10-day average volume of 943,847 shares.

206,946

Philip Morris shares rise after earnings and sales beat expectations

7:38 am ET July 21, 2020 (MarketWatch)
Print

Philip Morris International Inc. (PM) shares rose 3.3% in Tuesday premarket trading after the Marlboro parent reported second-quarter earnings and revenue that beat expectations. Net income totaled $1.95 billion, or $1.25 per share, down from $2.32 billion, or $1.49 per share, last year. Adjusted EPS was $1.29, well ahead of the FactSet consensus for $1.10. Revenue totaled $6.66 billion, down from $7.70 billion last year but ahead of the $6.50 billion FactSet consensus. Cigarette shipment volume was down 17.6% while heated tobacco unit shipment volume, which includes the company's IQOS product, was up 24.3% for the period. IQOS users totaled 15.4 million by quarter-end, of which Philip Morris says 11.2 million made the switch from cigarettes. Philip Morris has been touting its heated tobacco product as an alternative to cigarettes, and recently got FDA approval to market the product as a "modified risk" item (http://www.marketwatch.com/story/philip-morris-says-cigarette-sales-in-many-places-could-end-in-a-decade-and-theyve-got-a-safer-product-to-replace-them-2020-07-10). The company says that certain cigarette production facilities have been impacted by COVID-19, but those facilities account for less than 5% of production capacity around the world. As of June 30, the company had approximately $4.2 billion of cash and cash equivalents on hand. For the full year, Philip Morris forecasts EPS of $4.84 to $4.99, and adjusted EPS of $4.92 to $5.07. The FactSet consensus is for EPS of $4.92. Philip Morris' forecast assumes that none of the company's key markets will undergo another lockdown, though the company doesn't anticipate a recovery in duty-free sales given uncertain global travel conditions. Philip Morris stock is down 14.3% for the year to date while the S&P 500 index has edged up 0.7% for the period.

-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

July 21, 2020 07:38 ET (11:38 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.