Datadog Inc stock starts Tuesday on backfoot despite upbeat earnings
Datadog Inc (NASDAQ:DDOG) stock was on the backfoot despite results which at surface level appear positive financial results, including a 26% rise in fourth quarter revenue. Reported at $590 million, fourth quarter revenue was driven by a significant increase in customer numbers and, particularly, an increase in larger companies under its recurring revenue model. Operating cash flow for the quarter totalled $660 million, whilst free cash flow came in at $598 million. Fourth quarter adjusted earnings per sha ...