Datadog Announces Third Quarter 2024 Financial Results
Portfolio Pulse from
Datadog, Inc. reported a 26% year-over-year revenue growth for Q3 2024, reaching $690 million. The company also saw an increase in larger customers and announced the availability of Datadog Monitoring for Oracle Cloud Infrastructure.
November 07, 2024 | 12:15 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Datadog reported strong Q3 2024 results with 26% revenue growth and an increase in larger customers. The launch of Datadog Monitoring for Oracle Cloud Infrastructure could further enhance growth.
The 26% revenue growth and increase in larger customers indicate strong business performance. The new product launch for Oracle Cloud Infrastructure suggests potential for further growth, positively impacting the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100