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 ...

Acquisition rumors and an expensive valuation were bad news for Datadog during last month's tech stock selloff. Shares of Datadog (DDOG 2.44%) slumped 11% in July, according to data from S&P Global Market Intelligence. The stock struggled with difficult market conditions related to a surprise global IT outage that weighed on tech stocks. Investor risk tolerance is declining because of a cloudy macroeconomic outlook, causing some people to rethink aggressive valuations on growth stocks. Reports of a transfor ...

NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced that management will present at the following investor conferences. The Oppenheimer Technology, Internet and Communications Conference. The presentation is scheduled for Tuesday, August 13, 2024 at 2:05 p.m., Eastern Time. The Citi Global TMT Conference. The presentation is scheduled for Wednesday, September 4, 2024 at 10:00 a.m., Eastern Time. The Goldman Sachs Co ...

Datadog (DDOG) is set to release second-quarter 2024 results on Aug 8. Image Source: Zacks Investment Research For the second quarter of 2024, Datadog anticipates revenues between $620 million and $624 million. The Zacks Consensus Estimate for the same is currently pegged at $622.74 million, suggesting 22.2% growth from the year-ago period. Non-GAAP earnings are expected in the range of 34-36 cents per share. The Zacks Consensus Estimate for earnings has remained unchanged at 35 cents per share over the pas ...

Datadog (DDOG) , a leading cloud monitoring and analytics platform, has seen its stock decline 7.2% month to date (MTD), underperforming the Zacks Computer and Technology sector's dip of 4%. This pullback has some investors wondering if it is a buying opportunity for the high-growth software company. The Zacks Consensus Estimate for 2024 revenues and earnings is pegged at $2.6 billion and $1.54 per share, respectively. This indicates year-over-year an improvement of 22.1% in the top line and 16.7% in the bo ...

Datadog (DDOG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this data analytics and cloud monitoring company have returned -6.3%, compared to the Zacks S&P 500 composite's -1.2% change. During this period, the Zacks Internet - Software industry, which Datadog falls in, has lost 8.4%. The key question now is: What could be the stock's future dir ...

In the latest market close, Datadog (DDOG) reached $123.21, with a +1.64% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.16%. Meanwhile, the Dow lost 0.14%, and the Nasdaq, a tech-heavy index, lost 0.06%. Coming into today, shares of the data analytics and cloud monitoring company had gained 2.3% in the past month. In that same time, the Computer and Technology sector gained 0.47%, while the S&P 500 gained 1.96%. Analysts and investors alike wil ...