Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Anusuya Lahiri

Datadog Shares Soar On Q4 Beat, Robust Guidance

Datadog DDOG Datadog Inc
  • Datadog Inc (NASDAQ:DDOG) reported fourth-quarter FY21 revenue growth of 84% year-on-year to $326.2 million, beating the consensus of $291.5 million.
  • As of December 31, Datadog had 2,010 customers with an ARR of $100,000 or more, increasing 63% Y/Y.
  • The non-GAAP gross margin expanded 200 bps to 80%. The non-GAAP operating margin expanded 1,200 bps to 22%.
  • Non-GAAP EPS of $0.20 beat the consensus of $0.12.
  • Datadog held cash and equivalents of $1.55 billion and generated $115.8 million in operating cash flow and $106.7 million in free cash flow.
  • Outlook: Datadog sees Q1 FY22 revenue of $334 million - $339 million, above the consensus of $306.6 million. It sees non-GAAP EPS of $0.10 - $0.12 versus the consensus of $0.11.
  • Datadog sees FY22 revenue of $1.51 billion - $1.53 billion above the consensus of $1.41 billion. It sees non-GAAP EPS of $0.45 - $0.51, below the consensus of $0.57.
  • Price Action: DDOG shares traded higher by 15.78% at $180.12 in the premarket session on the last check Thursday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Lizzo gratified by South Park name check
In the "End of Obesity" special, South Park residents want the latest semaglutides, but there's a cheaper option
Salon
Salon
Lizzo reacts to new South Park joke about her in Ozempic special
‘I’m really that b*tch,’ the singer said
The Independent UK
The Independent UK
Cyberflashing is a form of gendered sexual violence that must be taken seriously
Sexting — sending sexually suggestive or explicit messages and images — is now a widespread practice, and can be a healthy way to express and explore sexuality. However, there is a need to distinguish between consensual sexting and forms of sexual harassment like cyberflashing.
The Conversation
The Conversation
‘Shame and betrayal’: sexual abuse within the spiritual healing industry comes to light
Scandalous behavior that has dogged the Catholic church is becoming increasingly common in shamanic healing circles
The Guardian - US
The Guardian - US
From Baby Reindeer to Taylor Swift, how amateur sleuths ruined pop culture
In the social media age, artists are using their trauma to bolster their relatability, while dramas are often thinly veiled personal testimonies. The unvarnished truth may be irresistible, but is it bringing out the rubberneck in all of us?
The Guardian - UK
The Guardian - UK
Is Snoop Dogg’s memorabilia auction a model for cash-hungry music stars?
The Dogfather has monetized his celebrity with an auction at a time when artists struggle to make the money they once did
The Guardian - US
The Guardian - US
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play