Datadog falls on slower revenue growth forecast for Q3
06/08/2026 16:56
BUZZ-Datadog falls on slower revenue growth forecast for Q3 Updates
** Shares of cloud security firm Datadog DDOG.O fall 16.6% to $235.95
** Co expects Q3 revenue of $1.14 bln to $1.15 bln, implying y/y growth of about 29%, compared with 36% growth in Q2
** DDOG reports revenue of $1.12 bln, vs. analysts' avg. est. of $1.08 bln, according to data compiled by LSEG
** Up to last close, stock more than doubled this year
(Reporting by Jaspreet Singh in Bengaluru)
((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))