
New Relic's investor relations strategy has been instrumental in driving business growth. The company has consistently delivered strong financial performance, with revenue growth of 30% year-over-year.
One key factor contributing to this growth is New Relic's focus on expanding its product offerings. In 2020, the company acquired CodeStream, a platform that enables developers to collaborate on code changes.
New Relic's acquisition strategy has been a key driver of growth, with the company making strategic buys to enhance its product portfolio.
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Investor Relations
New Relic is committed to keeping investors informed about the company's progress. They have a dedicated investor relations page where you can find all the latest information.
New Relic participates in several investor conferences throughout the year. CFO David Barter will be representing the company at the Wolfe Research Software Conference on February 28, 2023.
You can also catch CEO Bill Staples speaking at the JMP Securities Technology Conference on March 6, 2023 at 10:00 a.m. PT, and the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2023 at 8:00 a.m. PT.
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Here are the upcoming investor conferences where New Relic will have a presence:
- Wolfe Research Software Conference on February 28, 2023 (CFO David Barter)
- Bernstein TMT & Consumer 1:1 Forum on March 1, 2023 (CFO David Barter)
- JMP Securities Technology Conference on March 6, 2023 at 10:00 a.m. PT (CEO Bill Staples)
- Morgan Stanley Technology, Media & Telecom Conference on March 7, 2023 at 8:00 a.m. PT (CEO Bill Staples)
You can tune in to live webcasts of these presentations on New Relic's investor relations page.
Named #1 Most Innovative Platform in Cloud Observability
New Relic's innovative solutions have earned it the top spot as the #1 Most Innovative Platform in Cloud Observability.
GigaOm recognized New Relic as a Leader and Outperformer in the 2023 GigaOm Radar for Cloud Observability Solutions, out of 21 providers evaluated.
New Relic's all-in-one observability platform offers full lifecycle visibility, pricing as a single package, and a hyperscale data cloud platform.
This platform enhances uptime, operational efficiency, and customer experiences, indicating strong market relevance.
New Relic's innovative solutions were assessed based on product capabilities, roadmap, ecosystem strength, and execution, positioning it near the center for overall customer value.
Benevity Standardizes on
Benevity has partnered with New Relic to standardize its observability practice, which has improved uptime across $10 billion in charitable donations and 46 million volunteer hours.

This move has consolidated disparate open-source tools, enhancing system monitoring and reducing mean time to detection (MTTD) to under 5 minutes.
By standardizing on New Relic's all-in-one platform, Benevity has reduced mean time to resolution (MTTR) to under 30 minutes.
The partnership has also facilitated effective corporate philanthropy, resulting in $325,000 in donations and over 5,000 volunteer hours last year.
William Hill Standardizes on Alibaba Cloud
William Hill has partnered with Alibaba Cloud to enhance its online betting services. This collaboration is aimed at achieving 100% uptime for digital transactions.
Alibaba Cloud's platform helps teams proactively manage incidents and understand the revenue impact of outages.
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Participating in Investor Conferences
New Relic participates in investor conferences to share its vision and strategy with the financial community. These events provide a platform for the company's leaders to present its growth prospects and financial performance.
CFO David Barter will represent New Relic at the Wolfe Research Software Conference on February 28, 2023.
The company's CEO, Bill Staples, will speak at the JMP Securities Technology Conference on March 6, 2023 at 10:00 a.m. PT, and the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2023 at 8:00 a.m. PT.
Live webcasts of these presentations will be available on New Relic's investor relations page, allowing investors to tune in remotely.
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Stock Details
Stock Details are crucial for investors to make informed decisions. The ticker symbol for New Resident Company is NEWR.
The exchange where NEWR is listed is the New York Stock Exchange, or NYSE for short. This is important because it affects the trading hours and other rules that apply to the stock.
The fiscal year for NEWR runs from April to March, which is a bit unusual compared to some other companies. This means that the company's financial reports will be based on a 12-month period that starts in April.
The reporting currency for NEWR is the US Dollar, or USD. This is the currency in which the company's financial statements will be presented.
Here is a list of some of the key identifiers for NEWR:
- Ticker Symbol: NEWR
- Exchange: NYSE
- Fiscal Year: April - March
- Reporting Currency: USD
The CIK Code, or Central Index Key Code, for NEWR is 0001448056. This is a unique identifier assigned to the company by the Securities and Exchange Commission.
Next Chapter
As you navigate the world of Investor Relations, it's essential to think about the next chapter in your company's growth story. The key to success lies in building a strong relationship with your investors.
Investors are not just looking for financial returns, but also want to see a clear vision for the company's future. This is why it's crucial to have a well-defined strategy in place.
Effective communication is vital in keeping your investors informed and engaged. This includes regular updates on the company's progress, milestones achieved, and any challenges faced.
The quality of your company's management team can make or break investor confidence. Investors want to see leaders who are experienced, knowledgeable, and able to execute on the company's strategy.
By focusing on these key areas, you can set your company up for long-term success and build a strong foundation for growth.
Product Updates
New Relic has made significant updates to its platform, enhancing user experience and functionality.
The company has introduced a new feature called "Synthetic Monitoring", which allows users to monitor the performance of their applications even when no users are interacting with them.
New Relic's platform now offers more than 40 pre-built integrations with popular services like AWS, Google Cloud, and Microsoft Azure.
This expansion of integrations has made it easier for users to monitor and optimize their applications across multiple cloud providers.
Leadership
New Relic's leadership team has a proven track record of success. They've been instrumental in driving the company's growth and innovation.
In 2013, Lew Cirne, New Relic's founder and CEO, was named one of the top 10 most innovative CEOs in the world by Fast Company. He's led the company to become a leader in the SaaS market.
The company's leadership team is dedicated to fostering a culture of innovation and collaboration. This is reflected in their approach to product development, which involves close collaboration between engineers and customers.
New Relic's leadership has been recognized for their commitment to diversity and inclusion. In 2020, the company was named one of the best places to work for LGBTQ+ equality by the Human Rights Campaign.
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Frequently Asked Questions
What happened to my New Relic stock?
New Relic's stock (NEWR) is no longer listed on the New York Stock Exchange. You can find more information on the status of your stock by visiting our website or contacting our support team
Who bought New Relic?
New Relic was acquired by private equity firms Francisco Partners and TPG Inc. in November 2023 for approximately $6.5 billion.
Is the New Relic acquisition closed?
The New Relic acquisition is expected to close on or around November 8, 2023, pending customary closing conditions. The transaction is not yet closed, but will result in New Relic common stock being delisted from public markets.
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