New Relic Challenging HP, IBM, Others In APM Market

By | February 11, 2015

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New Relic (NEWR) hopes to show it’s starting to challenge larger incumbent vendors such as CA Technologies and Hewlett-Packard in the application performance management market when it reports its fiscal Q3 earnings after the market close Thursday. The earnings report will be the company’s first since it made its initial public offering on Dec. 12. New Relic stock jumped 48% on its first day of trading, to 34, and it peaked above 37 on Jan. 5. New Scalper1 News

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