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Datadog: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — Datadog Inc. (DDOG) on Thursday reported second-quarter earnings of $44.6 million.

The New York-based company said it had net income of 12 cents per share. Earnings, adjusted for one-time gains and costs, came to 65 cents per share.

The results topped Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 58 cents per share.

The data analytics and cloud monitoring company posted revenue of $1.12 billion in the period, which also beat Street forecasts. Nine analysts surveyed by Zacks expected $1.08 billion.

For the current quarter ending in September, Datadog expects its per-share earnings to range from 63 cents to 65 cents.

The company said it expects revenue in the range of $1.14 billion to $1.15 billion for the fiscal third quarter.

Datadog expects full-year earnings in the range of $2.50 to $2.54 per share, with revenue ranging from $4.45 billion to $4.47 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DDOG at https://www.zacks.com/ap/DDOG

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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