earnings
confidence high
sentiment positive
materiality 0.75
Datadog Q2 2024 revenue up 27% YoY to $645M; guides Q3 rev $660-664M
Datadog, Inc.
2024-Q2 EPS reported
$0.24
revenue$1,256,532,000
- GAAP operating income $13M (2% margin); non-GAAP operating income $158M (24% margin).
- GAAP diluted EPS $0.12; non-GAAP diluted EPS $0.43.
- Customers with $100k+ ARR grew 13% YoY to 3,390; free cash flow $144M.
- Q3 2024 revenue guidance $660-664M; full-year 2024 rev guidance $2.62-2.63B.
- Launched LLM Observability, Live Debugger; appointed new Chief Product Officer and Chief People Officer.