Datadog, Inc. (DDOG) tops earnings, revenue expectations but stock drops

Go back to Datadog, Inc. (DDOG) tops earnings, revenue expectations but stock drops

Datadog Announces First Quarter 2024 Financial Results

May 7, 2024 7:00 AM EDT

First quarter revenue grew 27% year-over-year to $611 million

Strong growth of larger customers, with about 3,340 $100k+ ARR customers, up from about 2,910 a year ago

Announced general availability of Bits AI for Incident Management, Event Management, Error Tracking for Logs, and Mobile App Testing

NEW YORK, May 7, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced financial results for its first quarter ended March 31, 2024.

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Datadog Launches IT Event Management to Enhance AIOps Capabilities

May 6, 2024 4:05 PM EDT

New capabilities help teams reduce alert fatigue and discover and remediate issues using AI-powered event correlation

NEW YORK, May 6, 2024 /PRNewswire/ -- Datadog, Inc. (NASDAQ: DDOG), the monitoring and security platform for cloud applications, today announced the general availability of IT Event Management to its suite of AIOps capabilities. With Event Management,... More