Datadog (DDOG) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Datadog (DDOG) reported first-quarter 2024 non-GAAP earnings per share (EPS) of 44 cents, which increased 57.1% from the year-ago quarter and beat the Zacks Consensus Estimate by 29.41%.The company’s net revenues of $611.25 million rose 26.9% year over year and beat the consensus estimate by 3.61%.Quarter DetailsThe company ended the quarter with 28,000 customers, up from 25,500 in the prior-year period.In the first quarter, Datadog had 3,340 customers with an annual run rate (ARR) of$ 100,000 or more, whic ...