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New Relic’s stock tumbles on bigger-than-expected loss

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New Relic Inc.‘s stock was taken to the cleaners again today after it posted second-quarter earnings that fell some way short of Wall Street’s expectations. The company reported a loss before certain costs such as stock compensation of 7 cents per share on revenue of $166.1 million. Wall Street had been reckoning a profit of …

The post New Relic’s stock tumbles on bigger-than-expected loss appeared first on World Consulting Group.


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