U.S. stock markets regained momentum after facing a setback in the first week of August. Prior to that, U.S. stock markets witnessed an impressive 19-month rally. Wall Street's bull run has got an added boost this year, to the surprise of a large section of financial pandits, who indiscriminately warned of overvaluation. However, the rally was predominantly driven by the technology sector. A massive adoption of the generative artificial intelligence (AI) technology across the world has skyrocketed AI-centri ...

Datadog (DDOG) reported second-quarter 2024 non-GAAP earnings per share (EPS) of 43 cents, which increased 19.4% from the year-ago quarter and beat the Zacks Consensus Estimate by 22.86%. The company's net revenues of $645.28 million rose 26.7% year over year and beat the Zacks Consensus Estimate by 3.62%. Quarter Details The company ended the quarter with 28,700 customers, up from 26,100 in the prior-year period. In the second quarter, Datadog had 3,390 customers with an annual run rate (ARR) of $100,000 o ...

yucelyilmaz/iStock via Getty Images For the entirety of its life as a public company, Datadog (NASDAQ:DDOG) has only ever been one type of stock: "high quality for a high price." This Wall Street darling has been one of the few companies to rarely crack, as it continues to print gravity-defying revenue growth each quarter that shows barely any deceleration. For these merits, Datadog has consistently maintained a very high valuation multiple. But the key question for investors amid the current market correct ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39051 ________ ...

Datadog Inc. (NASDAQ:DDOG) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Olivier Pomel - Chief Executive Officer David Obstler - Chief Financial Officer Yuka Broderick - Vice President, Investor Relations Conference Call Participants Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Mark Murphy - JP Morgan Kash Rangan - Goldman Sachs Kirk Materne - Evercore ISI Fatima Boolani - Citi Matt Hedberg - RBC Jake Roberge - William Blair Koji Ikeda - Bank of America Yi Fu Le ...

Datadog NASDAQ: DDOG is a leading provider of observability and security solutions for cloud applications. Datadog's earnings report for the second quarter of 2024 has once again impressed Datadog's analyst community by demonstrating the company's strong market position. Datadog's financial results were driven by robust revenue growth and continued customer adoption. This positive performance propelled Datadog's stock price up over 5% in pre-market trading, indicating strong investor confidence in the compa ...

Datadog (NASDAQ:DDOG) stock is heading higher on Thursday following the release of the cloud applications security platform company's earnings report for the second quarter of 2024. Datadog starts off its earnings report strong today with adjusted EPS of 43 cents. That's better than the 36 cents per share that Wall Street was expecting this quarter. Additionally, it's an improvement over the 29 cents per share reported in the same period of the year prior. Next up in the Datadog earnings report is its reven ...

Datadog Inc (NASDAQ:DDOG) is up 4.2% to trade at $112.55, after the company's better-than-expected second-quarter earnings and revenue. The cloud name also lifted its full-year forecast due to strong cybersecurity demand. The tech sector slump, especially after the global IT outage, weighed on the the stock in July and this month. However, DDOG is on track for its third-straight win, bouncing off the $100 level after four consecutive weekly losses. Year to date, Datadog stock is down 7.6%. Unsurprisingly, t ...

Datadog (DDOG) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 22.86%. A quarter ago, it was expected that this data analytics and cloud monitoring company would post earnings of $0.34 per share when it actually produced earnings of $0.44, delivering a surprise of 29.41%. Over the las ...

Exhibit 99.1 Datadog Announces Second Quarter 2024 Financial Results August 8, 2024 Second quarter revenue grew 27% year-over-year to $645 million Strong growth of larger customers, with about 3,390 $100k+ ARR customers, up from about 2,990 a year ago Announced general availability of LLM Observability Announced innovations for Generative AI, Observability, Cloud Security, Product Analytics, Software Delivery, and Cloud Service Management at DASH 2024 NEW YORK-- Datadog, Inc. (NASDAQ:DDOG), the monitoring a ...