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Stock impact report

Datadog Leads The Pack In Observability For Cloud Environments [Forbes]

Datadog, Inc. - Class A (DDOG) 
Last datadog, inc. - class a earnings: 2/13 04:10 pm Check Earnings Report
Company Research Source: Forbes
Last Thursday, Datadog Datadog’s revenue in the December quarter jumped 84% to $113.6 million, topping the consensus estimate by nearly 11%. Recent competitor growth rates look low in comparison. In the December quarter, revenue at New Relic (NEWR) rose 23% to $153 million, while Dynatrace (DT) saw revenue expand 25% to $143.3 million, with ARR growth of 44%. Datadog in Q4 added approximately 1,000 net new customers, nearly twice as many adds as in the year-ago quarter. Two or more products are included in the majority of all new logo deals. Founded in 2010, Datadog serves a diversified user base across developers, IT operations teams and business users. The company’s platform covers three pillars of observability—infrastructure monitoring, application performance monitoring (APM) and log management. With increased complexity across IT, monitoring requirements are on the rise, as companies need to be able to understand everything that’s happening in their entire tech stack. Organizati Show less Read more
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