Datadog (DDOG) Q2 2024 Earnings Call Transcript
Datadog Inc. (NASDAQ:DDOG ) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Olivier Pomel - Chief Executive Officer David Obstler - Chief Financial Officer Yuka Broderick - Vice President, Investor Relations Conference Call Participants Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Mark Murphy - JP Morgan Kash Rangan - Goldman Sachs Kirk Materne - Evercore ISI Fatima Boolani - Citi Matt Hedberg - RBC Jake Roberge - William Blair Koji Ikeda - Bank of America Yi Fu Lee - Cantor Fitzgerald Patrick Colville - Scotiabank Taz Koujalgi - Wedbush Securities Operator Good day and thank you for standing by. Welcome to the second quarter 2024 Datadog earnings conference call.
Datadog Exceeds Q2 Expectations, Solidifies Market Leadership
Datadog NASDAQ: DDOG is a leading provider of observability and security solutions for cloud applications. Datadog's earnings report for the second quarter of 2024 has once again impressed Datadog's analyst community by demonstrating the company's strong market position.
DDOG Alert: What's Pushing Up the Datadog Stock Price Today?
Datadog (NASDAQ: DDOG ) stock is heading higher on Thursday following the release of the cloud applications security platform company's earnings report for the second quarter of 2024. Datadog starts off its earnings report strong today with adjusted EPS of 43 cents.
Cloud Stock Climbs on Beat-and-Raise
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) Q2 Earnings and Revenues Surpass Estimates
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.
Datadog raises annual forecasts on strong cybersecurity demand
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.
Datadog Defies Earnings Expectations, But Forecast Is Mixed. Stock Is Rising.
New-York based Datadog helps clients detect and analyze malicious activity in real time.
Here's Why DataDog Stock Dropped 11% Last Month
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.
Bull of the Day: Datadog (DDOG)
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.
Datadog (DDOG) Stock Before Q2 Earnings: To Buy or Not to Buy?
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.
Should You Buy Datadog Stock Before Aug. 8?
The cloud security provider is set to report its second-quarter earnings on Aug. 8. Concerns over margins and profitability have pressured the stock this year.
Datadog (DDOG) Is Considered a Good Investment by Brokers: Is That True?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
