Event-Driven Stocks

NEW RELIC, INC.

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

Signs3 good3 warning1 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20FY19FY18
Revenue$925.6M$785.5M$667.6M$599.5M$479.2M$355.1M
Operating income−$185.2M−$228.6M−$171.4M−$85.5M−$33.1M−$46.8M
Net income−$180.2M−$250.4M−$192.6M−$88.9M−$40.9M−$45.3M
Total assets$1.42B$1.43B$1.40B$1.26B$1.09B$443.3M
Total liabilities$1.06B$1.08B$981.3M$866.1M$737.9M$228.2M
Equity$340.4M$322.7M$414.0M$390.6M$349.6M$215.1M
EPS (diluted)$-2.67$-3.88$-3.15$-1.52
Shares out.70.2M66.9M63.8M59.8M58.1M56.0M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−20.0%
Net margin
−19.5%
Return on equity
−52.9%
Return on assets
−12.7%
Return on capital (ROCE)
−43.0%
Liabilities / assets
74.4%
Debt / equity
3.10×
Book value / share
$4.85
Revenue growth (YoY)
17.8%
Net income growth (YoY)

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
-2.02distress
Accruals / assets
16.5%clean
Beneish M-Score
-3.29normal
Piotroski F-Score
6/9mixed

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
57
/ 100
Profitability 0Growth 100Catalyst 33Earnings quality 100Financial strength 50

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →

Signs

1 severe3 warning3 good
  • Altman Z″ in the distress zone
  • Operating losses (negative operating margin)
  • Reported a net loss
  • High leverage (liabilities > 70% of assets)
  • Revenue is growing year-over-year
  • Positive operating cash flow
  • Clean earnings (low accruals)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Insider transactions

SEC Form 4 · most recent
12 acquisitions0 disposalsnet +359,846 shares · last 12
InsiderDateTypeSharesPrice
Jana Partners Management, LpDirectorNov 8, 2023Option exercise2,381
Lloyd Thomas J.Officer — CHIEF LEGAL OFFICER, CORP SECYNov 8, 2023Option exercise38,791
Numoto TakeshiDirectorNov 8, 2023Option exercise2,705
Henshall David JDirectorNov 8, 2023Option exercise2,952
Staples WilliamOfficer — CHIEF EXECUTIVE OFFICERNov 8, 2023Option exercise139,712
Mahendran RadhakrishnanDirectorNov 8, 2023Option exercise2,381
Barter DavidOfficer — CHIEF FINANCIAL OFFICERNov 8, 2023Option exercise74,234
Cochran Hope FDirectorNov 8, 2023Option exercise2,381
Bhat PhalachandraDirectorNov 8, 2023Option exercise2,705
Cirne LewisDirectorNov 8, 2023Option exercise20,019
Arthur Susan DonnerDirectorNov 8, 2023Option exercise2,381
Dodds MarkOfficer — CHIEF REVENUE OFFICERNov 8, 2023Option exercise69,204

Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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