Datadog Springs Ahead in Q1 Earnings

Datadog's first-quarter earnings surpassed expectations, and its president plans to step down later this year.Software as a Service (SaaS) platform specialist Datadog (DDOG -10.88%) released its Q1 earnings on Tuesday, May 7. The results beat analysts' expectations, with a non-GAAP net income per diluted share of $0.44 beating the forecast of $0.34. Revenue reached $611 million, outpacing the expected $590 million. This latest performance report signals strong operational efficiency and an undiminished dema ...