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All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. Sure. For the quarter, as expected, Classic license revenue was down to $2.7 million and represented only 2% of our quarterly revenue as we wind these products down. The Dynatrace platform continues to increase as a percent of total ARR and was $376.8 million at the end of September, which was 80% of our total ARR. And I'd say, we're in line with sort of industry-standard churn rates. Motley Fool. And that's a key part of driving full TAM expansion in this area for us as we go forward. For the second quarter, ARR was $470.9 million, an increase of 44% year over year. The company rapidly transitioned from third-party-developed applications run in a traditional data center to in-house-developed applications run in a new enterprise cloud. Sure. Munger also warned against aggressive monetary easing policies. Non-GAAP net income was $17.3 million and $0.06 per share. The acceleration in total revenue growth is being driven by the strong growth in subscription revenue, which was $115.8 million in the second quarter, an increase of 41% year over year. Yes. And that connective tissue to be that tight is something that every customer looks for as they try to drive their digital business initiatives forward. The automatic continuous discovery and instrumentation, the automatic self-adjusting baselines, the automatic problem determination prioritized by business impact all contribute to rapid rollout and high value for low-effort economics our customers enjoy. The last financial measure that I would like to discuss is remaining performance obligation, which at the end of the quarter was $653 million, an increase of 83% over Q2 of last year. A free inside look at Dynatrace salary trends based on 376 salaries wages for 195 jobs at Dynatrace. Please keep in mind that we received $265 million from the mainframe business pre-IPO and that these funds are being used to pay the federal and state taxes related to the spin. The other thing I just wanted to sort of point out here before the call is over is I know there's this talk about how suddenly competitive this space seems to be. That's an interesting one as well. Great customer experience (CX) sets businesses apart and promotes lifelong loyalty. During this call, we'll make statements related to our business that may be considered forward-looking within the meaning of Section 27A of the Securities Exchange Act of 1933, as amended, and Section 21-E of the Securities Exchange Act of 1934, as amended. See Dynatrace, Inc. (DT) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. We are very pleased that we are over halfway through the conversion process and believe we will substantially complete this process over the next four quarters. And in our field checks, at least what we found, and I think you guys have said the same thing, is that this is not the case. I'm focusing on product just today, as you can tell, but the new Digital Business Analytics module obviously sounds really interesting. Learn more. "We're in very uncharted waters. Everybody sort of sits on the surface and sort of bubbles along, Google, Adobe, etc. This is the sixth straight quarter we've exceeded this mark. The IRS lets each of us save up to $6,000 a year in a tax-sheltered individual retirement account (there are, as always with the IRS, some mind-numbing little complications and caveats). Dynatrace Holdings LLC (DT) Q2 2021 Earnings Call Transcript DT earnings call for the period ending September 30, 2020. Monitoring cloud infrastructure and applications is not simply about metrics, logs and traces. You talked about the digital experience, seeing attach rates ticking up. So that continues to be the strongest. We continue to track very well here and expect to be substantially complete with moving our customers to our new platform in the next four quarters. And the stat that I think Kevin gave you, which is 58% over trailing 12 months, 58% of the new customers added to the Dynatrace platform, somewhere a little over 900 customers there, 58% have been new logos to the business. We also realized a modest upward expense leverage in the second quarter, and therefore, non-GAAP operating margin was 23%, up from 17% in the second quarter of '19. 04:26PM : Dynatrace Earnings Triple; Cloud Software Maker's Stock Falls. One of the most powerful brought to market in Q2 was a doubling of capacity of a Dynatrace cluster, which now scales to 50,000 hosts per cluster. Congrats from me as well. But over time, it should be equivalent to what the DEM module brings, which is -- think of it as maybe $0.50 on the dollar of host units. GE’s stock jumps after two Wall Street analysts raise their targets by more than 40%, Berkshire's Charlie Munger Warns Against Market Frenzy, Expects Lower Returns In Next Decade, Bank of America Flags Sell Signal for Stocks as Investors Rush Out of Cash, Dow Jumps 330 Points As Apple Rallies; McConnell, Pelosi To Meet On Stimulus Deal, Warren Buffett's 6 tricks to teach kids about money, IRS is ‘setting the trap’ for bitcoin and virtual currency investors on 2020 tax form. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit Follow us on Twitter @investornetwork. Total revenue was $129.4 million, $5 million above the high end of our guidance and an increase of 27% on a year-over-year basis. So that's how we go-to-market today. All earnings call transcripts This article is a transcript of this conference call produced for The Motley Fool. 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