The Nasdaq Composite (^IXIC 0.09%) tumbled 33% in 2022 as recession fears rattled Wall Street, notching its worst annual performance since the Great Recession. The index has suffered a double-digit decline in a calendar year only nine times since its inception in 1971.Historically, those drawdowns have come with a silver lining. The Nasdaq usually rebounds strongly during the 24 months following an annual decline. Specifically, following a one-year decline of at least 10%, the Nasdaq has returned a median o ...

The most recent trading session ended with Datadog (DDOG) standing at $113.02, reflecting a +0.53% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.34%. Meanwhile, the Dow gained 0.03%, and the Nasdaq, a tech-heavy index, lost 0.56%.The data analytics and cloud monitoring company's stock has dropped by 1.65% in the past month, falling short of the Computer and Technology sector's gain of 1.27% and the S&P 500's gain of 2.56%.Market participants will be closely ...

Datadog, Inc. (NASDAQ:DDOG) Barclays Global Technology Conference December 6, 2023 4:20 PM ET Company Participants David Obstler - CFO Conference Call Participants Unidentified Analyst Hey, guys, welcome to our next session. We were just debating if we talk one more time about cloud optimization or we talk on [indiscernible]. And then we decided we might do some [indiscernible] again. David Obstler But I rejected the [indiscernible]. In fact don't even know what it is. But he said he would talk about the U ...

Summary of Datadog, Inc. Conference Call Company Overview - **Company**: Datadog, Inc. (NASDAQ: DDOG) - **Event**: UBS Global Technology Conference - **Date**: November 28, 2023 - **Participants**: - David Obstler - CFO - Yuka Broderick - VP, IR & Strategic Finance - Karl Keirstead - UBS Key Points Industry and Market Environment - The current market environment is showing signs of stabilization after a period of cost optimization among larger cloud-native customers [4][5] - Datadog's customer base has continued to grow, with signs of stabilization in usage and contract commitments from larger spenders [4][5] - The company is cautious about future cost control measures, acknowledging ongoing risk factors in the market [5] Customer Segments - Datadog's customer base is divided into three segments: enterprise (over 5,000 employees), mid-market, and small businesses (under 1,000 employees) [13] - Small and mid-sized businesses (SMBs) are showing the highest usage growth, attributed to their ongoing digital transformation and the necessity of observability tools [14][15] - The company has not seen disproportionate impacts across customer segments, indicating resilience in its SMB segment [14][15] Growth Drivers - Datadog is experiencing growth from multiple drivers, including: - Migration of workloads to the cloud and development of new applications [16][18] - Expansion of product offerings, including infrastructure monitoring, logs, and application performance monitoring (APM) [19][20] - Increased demand for unified observability solutions as clients seek to manage multiple signals from a single platform [19][20] - The company has seen a doubling in revenue from new product offerings, contributing significantly to net retention [19] Competitive Landscape - Datadog's competitive advantage lies in its flexible platform designed for modern applications, contrasting with competitors who have struggled to adapt [30][31] - The company views open-source solutions and cloud tools as both competitors and partners, emphasizing the importance of real-time observability [36][37] - The transition to DevSecOps is ongoing, with Datadog focusing on cloud and application security rather than endpoint security [33][34] AI and Future Opportunities - Datadog is currently generating 2% to 2.5% of its annual recurring revenue (ARR) from AI startups, with potential for growth as AI workloads increase [39] - The company is investing in building integrations and enhancing its platform to support AI-driven observability solutions [42][43] Financial Outlook and Margins - Datadog has maintained a focus on efficiency and optimization, achieving a margin of around 24%, which may have been an overshoot [45][46] - The company aims to balance long-term revenue growth with margin protection, indicating a cautious approach to future investments [45][46] Conclusion - Datadog is positioned well within the observability market, with a strong focus on customer segments, product expansion, and adapting to market trends. The company remains optimistic about long-term growth despite current economic uncertainties.

Summary of Datadog, Inc. Conference Call Company Overview - **Company**: Datadog, Inc. (NASDAQ: DDOG) - **Event**: RBC Capital Markets Global TIMT Conference Call - **Date**: November 14, 2023 Key Points Industry and Market Trends - Datadog operates in the cloud-based monitoring industry, focusing on cloud workloads and modern DevOps practices [3][11] - The company has observed a shift from aggressive growth strategies to cost management among clients, influenced by macroeconomic factors such as rising interest rates [3][4] - There has been a stabilization in usage from previously high-growth cloud-native customers, indicating a potential recovery in consumption patterns [4][9] Financial Performance and Guidance - Datadog's revenue guidance was adjusted from 25% to 23% earlier in the year, and is now projected to be 26%, reflecting improved performance [20][21] - The company emphasizes a risk management approach in its guidance, taking into account net retention rates and new customer additions [22][30] - Approximately 60% to 65% of revenue growth is derived from existing customers, with the remaining from new customer acquisitions [42] Customer Behavior and Retention - Smaller customers and SMBs have shown higher net retention rates compared to larger customers, likely due to their ramping workloads [12][15] - Datadog's product is considered essential by many clients, leading to high gross retention rates in the high-90s [37] - The company is actively working with clients to optimize their usage and spending, which helps maintain long-term relationships [37] Product Development and Innovation - Datadog has introduced new DevSecOps packages, aiming to enhance sales and meet customer needs more effectively [31][34] - The company is developing monitoring modules for large language models (LLMs) and integrating AI capabilities into its platform, which is expected to increase workloads monitored [39][40] - Datadog's pricing strategy is designed to be transparent and flexible, allowing clients to manage their commitments based on actual usage [36][37] Competitive Landscape - Datadog differentiates itself from competitors like CrowdStrike and ServiceNow by focusing on real-time monitoring of customer-facing applications in the cloud [44][45] - The company does not compete directly with Splunk, as their market focuses on different architectures and use cases [46][47] Future Outlook - Key trends to watch include the growth of cloud workloads, Datadog's market share, advancements in AI, and the success of DevSecOps initiatives [49] Additional Insights - The company is focused on helping clients understand the return on investment from using Datadog's products, which is crucial for maintaining customer satisfaction and retention [37] - Datadog's approach to onboarding and customer engagement is designed to facilitate quick adoption and flexible usage, which is a significant advantage in the cloud environment [17][19]

Datadog, Inc. (NASDAQ:DDOG) Q3 2023 Earnings Call Transcript November 7, 2023 8:00 AM ET Company Participants Yuka Broderick - VP, IR & Strategic Finance Olivier Pomel - Co-Founder & CEO David Obstler - CFO Conference Call Participants Mark Murphy - JP Morgan Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Capital Karl Keirstead - UBS Matt Hedberg - RBC Capital Markets Fatima Boolani - Citigroup Brent Thill - Jefferies Alex Zukin - Wolfe Research Jacob Roberge - William Blair Operator Good day, and ...

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 September 30, 2023 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) Citi's 2023 Global Technology Conference September 7, 2023 4:00 PM ET CorporateParticipants David Obstler - Chief Financial Officer ConferenceCall Participants Joel Omino - Citi Joel Omino Perfect. Good afternoon, everybody. Hope you're enjoying day two of the Citi Tech Conference. I'm Joel Omino. I'm a research associate on the software team. And I support Fatima Boolani and covering Datadog. And so we're very happy to have with us today, Datadog's very own CFO, David Obstler. D ...

Datadog, Inc. (NASDAQ:DDOG) The Goldman Sachs Communacopia & Technology Conference Transcript September 6, 2023 1:10 PM ET Executives David Obstler - Chief Financial Officer Yuka Broderick - Vice President, Investor Relations and Strategic Finance Analysts Kash Rangan - Goldman Sachs Kash Rangan Yeah. The summer is over and we are here. I think it get terrific. David Obstler It was very good. Yeah. Yeah. Kash Rangan Okay. I think we are live. So we are going to wait for few more seconds as people’s streamin ...

Datadog, Inc. (NASDAQ:DDOG) Q2 2023 Earnings Conference Call August 8, 2023 8:00 AM ET Company Participants Yuka Broderick - VP, IR & Strategic Finance Olivier Pomel - Co-Founder & CEO David Obstler - CFO Conference Call Participants Raimo Lenschow - Barclays Capital Sanjit Singh - Morgan Stanley Mark Murphy - J.P. Morgan Anisha Narayan - Goldman Sachs Jacob Roberge - William Blair Brent Thill - Jefferies Michael Turits - KeyBanc Andrew Nowinski - Wells Fargo Taz Koujalgi - Wedbush Koji Ikeda - Bank of Amer ...