Q3 2020 Earnings Call

You for standing by and welcome to the new relic third quarter fiscal year 2020 earnings Conference call.

This time, all participants are any listen only mode. After the speakers presentation. There will be a question and answer session twice. Good question. During recession, you want me to press Star one on your telephone. Please be advised the todays conference is being recorded if you require any further assistance. Please press star.

Your ROE I would now like to him a conference over to your speaker today.

Greg Mcdowell Investor Relations. Thank you. Please go ahead, Sir Thank you operator, good afternoon, and welcome to new relics third quarter fiscal year 2020 earnings conference call joining.

Joining me today, our new relic, CEO and founder Lucerne <unk> CFO Mark cycle then.

Well when president Mike Christiansen.

Today's conference call contains forward looking statements any statement that refers to expectations projections or other characterizations of future events, including financial projections financial guidance and future market conditions.

The forward looking statement.

All information provided in this conference call is as of the date urology and new relic assumes no obligation and does not intend to update these forward looking statements except as required by law.

More information about factors that may cause actual results to differ materially from forward looking statements. Please refer to our earnings release issued today as well as the risks described in our most recent form 10-Q and subsequent filings with the FCC.

Copies of these documents may be obtained by visiting new relics Investor Relations web site or the Fccs website.

Commentary today will include non-GAAP financial measures, which we believe providing additional tool for investors to use in evaluating our operating results and trends.

However, these measures should not be considered in isolation from or as a substitute for financial information prepared in accordance with gap.

Reconciliations between GAAP and non-GAAP metrics for our reported financial results can be found in our earnings release issued today at times, we may offer incremental metrics to provide greater insight into our business or results. This additional detail maybe onetime in nature, and we may or may not provide an update in the future on these metrics.

I encourage you to visit the Investor Relations section of new relics website to access our earnings release issued today supplemental materials that accompany our earnings release periodically as he reports a webcast replay of today's call or to learn more about new relic.

With that let me turn the call over to it.

Thank you.

Thank you everyone joining today's call.

Joining me today at my Christiansen, our new President and Chief operating Officer, who started at the beginning of keep treat many of you had a chance to meet like during our Investor day in December in New York, well, we laid out our growth strategy ambition for the future because you were unable to attend or haven't yet seen recorded event. We encourage you to review our presentation on our end.

That's relations website.

You were like exists to help our customers create more perfect software digital customer experiences and businesses.

As digital becomes the primary channel for how business is done companies simply cannot afford to have downtime a portion where experiences it cost them in terms of lost productivity Las brand affinity and watch revenue.

These must be up and available 24 by seven.

I would deliver full visibility across an environment, which helps companies precisely pinpoint where issues could otherwise so they can quickly fix and before that customers are impacted.

We served the teams responsible for the performance of digital systems, when something goes wrong. They don't want to have to open a collection of disparate tools to pinpoint the issue during had such a disruption they want a single platform to see all of their data in context, what do you have probably been simplified user interface.

Our customers demand a single platform that has three core characteristics first it must be opened say can bring in multiple data sources across the system applications or infrastructure and now from their lawns.

They want a connected platform Dupont a single scalable database in our case and I couldn't be so that they can quickly understand how all of their systems are connected and finally, they need a platform that is programmable somebody can customize their observed though the platform for their unique business needs.

We have a long history of delivery curated experiences the box where customers holger. Many of our customers have incredibly complex environments and they need a customized <unk> programmable platform, one that lets them build their own applications on top of their country data in order to reach the gold standard of five nights availability for their mission critical applications.

Our platform skills incredibly well to help the most demanding companies to look at the most of it.