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Datadog Shares Surge 21% After Strong Q3 Beat and Raised Full-Year Outlook
Financial Modeling Prepยท 2025-11-06 21:54
Core Insights - Datadog Inc. reported better-than-expected third-quarter results, leading to a 21% increase in share price during intra-day trading [1] - The company raised its guidance for the remainder of the year, indicating strong future performance [2] Financial Performance - Adjusted earnings per share (EPS) for the third quarter were $0.55, exceeding analyst estimates of $0.46 [1] - Revenue for the third quarter increased by 28% year-over-year to $885.7 million, surpassing the consensus forecast of $852.3 million [1] Future Projections - For the fourth quarter, Datadog projected revenue between $912 million and $916 million, above Wall Street expectations of $886.4 million, and adjusted EPS between $0.54 and $0.56, higher than analysts' estimates of $0.45 [2] - Full-year revenue is now forecasted at $3.386 billion to $3.390 billion, with adjusted EPS between $2.00 and $2.02, both exceeding consensus projections [2] Customer Growth - The customer base expanded to approximately 4,060 clients generating at least $100,000 in annual recurring revenue, a 16% increase from 3,490 clients a year earlier [3] - Datadog achieved over 1,000 integrations across its platform, reinforcing its position as a leading observability and monitoring provider [3]