DDOG Stock Recent News

Datadog Inc (NASDAQ:DDOG) is up 4.2% to trade at $112.55, after the company's better-than-expected second-quarter earnings and revenue.

Datadog (DDOG) came out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.36 per share a year ago.

Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, after beating second-quarter estimates on rising demand for artificial intelligence-powered cybersecurity services.

Second quarter revenue grew 27% year-over-year to $645 million Strong growth of larger customers, with about 3,390 $100k+ ARR customers, up from about 2,990 a year ago Announced general availability of LLM Observability Announced innovations for Generative AI, Observability, Cloud Security, Product Analytics, Software Delivery, and Cloud Service Management at DASH 2024 NEW YORK , Aug. 8, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced financial results for its second quarter ended June 30, 2024. "Datadog executed well in the second quarter, with 27% year-over-year revenue growth, continued customer growth, and expanding multi-product adoption across our platform," said Olivier Pomel, co-founder and CEO of Datadog.

Datadog plunged with other tech stocks after a serious IT outage in July. Datadog's reported interest in acquiring GitLabs doesn't seem popular with the market right now.

Datadog ( DDOG ) has been my "sleeper" cybersecurity pick since last October when we bought it in the $80s for my TAZR Trader service. DDOG is a data analytics company that makes tools for monitoring infrastructure and application performance, but their deep IT expertise and integrations for the Fortune 1,000 mean that they also guard the borders and the interior of enterprise data.

NEW YORK , Aug. 6, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ:DDOG), the monitoring and security platform for cloud applications, today announced that management will present at the following investor conferences. The Oppenheimer Technology, Internet and Communications Conference.

Datadog's (DDOG) second-quarter results are likely to reflect the robust adoption of its cloud-based monitoring solutions and the availability of new features, including enhanced security offerings.

NEW YORK , Aug. 5, 2024 /PRNewswire/ -- Datadog , Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced that Yanbing Li is joining as Chief Product Officer, effective immediately. Li has more than 25 years of product, technology and engineering experience, having led global engineering, operations and infrastructure teams at Aurora, Google and VMware.

The rapid adoption of cloud technologies in the last decade has served as a boon for cloud computing stocks. The technology offers businesses and individuals a plethora of benefits — namely increased scalability, efficiency and lower IT costs.