Datadog Announces First Quarter Results
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Datadog (DDOG) Leaps After Beatings Q1 and Guidance Estimates, Sparking an Upgrade to 'Buy'
May 7, 2021 9:16 AM EDTShares of Datadog (NASDAQ: DDOG) traded 9.3% higher in early Friday trading after the company recorded revenue growth of 51% YoY.
DDOG posted revenues of $198.5 million to top the consensus of $186.71 million. Earnings per share (EPS) came in at $0.06 per share to top the $0.03 expected from analysts.
We are pleased with our strong first quarter results, an excellent start to the year that demonstrated continued high growth at scale, said Olivier Pomel, co-founder and CEO of Datadog.
We continue to innovate at a rapid pace, delivering new products and features that leverage the... More
