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      Dynatrace (DT) Continued The Rally After-Hours

      By Fahim Awan

      Published on

      October 31, 2023

      7:46 AM UTC

      Last Updated on

      November 1, 2023

      7:59 AM UTC

      Dynatrace (DT) Continued The Rally After-Hours

      Dynatrace, Inc. (NYSE: DT) shares exhibited a 2.66% uptick, reaching $45.14 in the post-market trading session on Monday. This upward trajectory mirrors the earlier momentum observed during the regular session, where Dynatrace’s stock experienced a 0.46% increase, closing at $43.97. It is noteworthy that these gains are transpiring ahead of the imminent release of Dynatrace’s quarterly financial results, scheduled for Thursday.

      In anticipation of this fiscal disclosure, Dynatrace (DT) will unveil its second-quarter performance for the fiscal year 2024, encompassing the period ending on September 30, 2023. DT will announce the financials before the commencement of the U.S. financial markets on November 2, 2023. Concurrent with this financial report, Dynatrace will also host a conference call and a live webcast to engage in a comprehensive discussion regarding the company’s financial performance and its future business prospects.

      Notably, Dynatrace recently introduced a range of cutting-edge innovations tailored to customers who operate the Dynatrace platform within the Microsoft Azure ecosystem. These innovations encompass:

      1. Dynatrace Grail data lakehouse, which consolidates an extensive volume and diversity of observability, security, and business data sourced from cloud-native, hybrid, and multicloud environments, preserving data context for the purpose of delivering immediate, cost-effective, and precise analytical insights.
      2. Dynatrace AutomationEngine, featuring a toolkit that supports both no-code and low-code functionality, harnessing the capabilities of Davis AI to empower teams in crafting and extending customized, intelligent, and secure workflow automation throughout their cloud infrastructure.
      3. Dynatrace AppEngine, similarly equipped with a no- and low-code toolkit, leverages Davis AI to facilitate the effortless creation and distribution of custom, intelligent, and secure applications, capitalizing on the insights derived from their cloud-generated data.

      Furthermore, Dynatrace has undertaken a comprehensive overhaul of the user experience, accentuating the incorporation of potent dashboarding features and interactive Dynatrace Notebooks. This revamp fosters enhanced collaboration across diverse teams and facilitates an expanded group of stakeholders within organizations to make informed decisions grounded in data.

      These developments represent a substantial expansion of the ongoing multi-year consumption commitment and strategic partnership between Dynatrace and Microsoft. This partnership was established to meet the surging demand for the Dynatrace platform on Azure and to expedite the cloud migration and optimization initiatives of joint customers.

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