Dynatrace shares rise 3.90% premarket after reporting Q1 earnings and revenue that beat analyst estimates.

Dynatrace, Inc. rose 3.90% in premarket trading, driven by the company's strong fiscal first-quarter earnings report. Dynatrace reported a profit of $48 million, or 16 cents per share, with adjusted earnings of 42 cents per share, surpassing Wall Street expectations of 38 cents per share. The company also posted revenue of $477.3 million, exceeding forecasts of $467.7 million. Additionally, Dynatrace expects its per-share earnings to range from 40 cents to 41 cents for the current quarter, with revenue projected between $484 million and $489 million.