Datadog (DDOG) Reports Q4 Earnings Surpassing Estimates

Datadog Inc. (DDOG) reported fourth-quarter earnings of $46.6 million, or 13 cents per share, with adjusted earnings of 59 cents per share, surpassing Zacks analysts’ average estimate of 55 cents. Revenue for the quarter reached $953.2 million, beating the $914.6 million forecast. For the year, the company posted a profit of $107.7 million, or 31 cents per share, and revenue of $3.43 billion. For Q1 ending March 31, management expects earnings of 49–51 cents per share and revenue of $951 million–$961 million, with full-year guidance of $2.08–$2.16 per share and revenue of $4.06 billion–$4.1 billion.