Datadog Q2 Adj. EPS $0.36 Beats $0.28 Estimate, Sales $509.00M Beat $500.37M Estimate
Portfolio Pulse from Benzinga Newsdesk
Datadog (NASDAQ:DDOG) reported Q2 earnings of $0.36 per share, beating the analyst consensus estimate of $0.28 by 28.57%. This is a 50% increase from the same period last year. The company also reported quarterly sales of $509.00 million, beating the analyst consensus estimate of $500.37 million by 1.72%, a 25.33% increase from the same period last year.
August 08, 2023 | 11:02 am
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POSITIVE IMPACT
Datadog's Q2 earnings and sales exceeded analyst estimates, indicating strong financial performance.
Datadog's Q2 earnings and sales exceeded analyst estimates, which is typically a positive signal for the company's financial health and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100