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StockNews.com
StockNews.com
Business
Riddhima Chakraborty

1 SaaS Stock That's Still Worth Buying in 2023

NEWR

Software-as-a-Service (SaaS) stock New Relic, Inc. (NEWR) recently launched the industry's only change tracking solution. Moreover, NEWR's CEO Bill Staples said, "We are attracting new customers at a rapid pace and growing with our existing customer base as they expand their observability practices and continue with their digital transformation and cloud adoption."

NEWR surpassed consensus revenue estimates by $6.82 million for the quarter that ended in December 2022. Also, it beat EPS estimates by 111.5%.

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