◆ NeutralDDOG
Datadog Guides Q4 Sales Flat After 35% Growth: Rapid Earnings Reaction
The Motley Fool·
Datadog reported strong Q3 revenue growth of 35% to $1.2 billion and achieved GAAP operating profitability, but shares fell 12% in pre-market trading after the company guided Q4 revenue to remain flat compared to Q3. The flat outlook suggests slowing usage growth, and adjusted operating margins are expected to decline, while free cash flow growth lagged revenue growth at only 17%.
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