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Stock impact report

Datadog Stock Gains on Q3 Earnings Beat & Y/Y Revenue Growth [Yahoo! Finance]

Datadog, Inc. - Class A (DDOG) 
Last datadog, inc. - class a earnings: 2/13 04:10 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Revenues of $690 million rose 26% year over year and beat the consensus estimate by 4.15%. Following the results, DDOG shares rose 1.12% in the pre-market trading. Datadog's stock has gained 6.9% against the Zacks Computer and Technology sector's rise of 28.5% in the year-to-date period. Datadog, Inc. price-consensus-eps-surprise-chart | Datadog, Inc. Quote Datadog ended the third quarter with 29,216 customers, up from 26,800 in the prior-year period. In the third quarter of 2024, the company had 3,490 customers with an annual run rate (ARR) of $100,000 or more, which increased 12% year over year. These customers generated about 88% of the total ARR. At the end of the third quarter, 83% of customers used two or more products, up from 82% in the year-ago quarter. Additionally, 49% of customers utilized four or more products, up from 46% in the year-ago quarter. Datadog's net revenue retention was in the mid-110s in the third quarter as customers increased their usage and a Show less Read more
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