Datadog Sees FY24 Adj. EPS $1.62-$1.66 Vs $1.58 Est.; Revenue $2.62B-$2.63B Vs $2.612B Est.
Portfolio Pulse from Benzinga Newsdesk
Datadog has released its financial guidance for FY24, projecting adjusted EPS between $1.62 and $1.66, surpassing the estimated $1.58. The company also forecasts revenue between $2.62 billion and $2.63 billion, slightly above the estimated $2.612 billion.
August 08, 2024 | 11:03 am
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Datadog's FY24 financial guidance indicates stronger-than-expected performance with adjusted EPS and revenue projections both exceeding estimates.
The higher-than-expected EPS and revenue projections suggest strong financial health and growth potential for Datadog, likely leading to a positive short-term impact on its stock price.
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