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DDOG - Datadog Inc News Story

$128.04 0.0  0.0%

Last Trade - 26/01/22

Sector
Technology
Size
Large Cap
Market Cap £28.93bn
Enterprise Value £28.39bn
Revenue £652.1m
Position in Universe 337th / 7412

BUZZ-Datadog Inc rises on upbeat forecasts

Thu 5th August, 2021 5:00pm
** Cloud-based monitoring platform Datadog Inc  DDOG.O  up
as much as 17.7% at a record high of $135.38
    ** Stock on track for a fourth straight session of gains 
    ** Co forecasts Q3 and annual revenue above estimates
    ** DDOG expects Q3 revenue between $246 mln and $248 mln,
while analysts expect $226 mln, according to Refinitiv data 
    ** DDOG reports Q2 revenue above estimates, driven by
broad-based strength across its customer segments and products
    ** Q2 revenue up 67% at $234 mln, above analysts' estimates
of $212.5 mln, according to Refinitiv data  urn:newsml:reuters.com:*:nGNXb3hP5C
    ** On an adjusted basis, co earned 9 cents per share during
the quarter, compared with estimates of 3 cents per share
    ** As of last close, stock had risen ~17% this year

 (Reporting by Tiyashi Datta in Bengaluru)
 ((tiyashi.datta@thomsonreuters.com))
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