Datadog Achieves Impressive Q2 Results with Optimistic 2024 Projections

Thursday, 8 August 2024, 05:11

Datadog has posted remarkable performance in the second quarter, with non-GAAP earnings per share increasing by approximately 48% year-over-year to $0.43. Revenue has also shown robust growth, climbing around 27% to reach $645.28 million. These results not only surpass expectations but also led the company to raise its outlook for 2024, reflecting a solid trajectory for future growth.
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Datadog Achieves Impressive Q2 Results with Optimistic 2024 Projections

Datadog Q2 Performance Overview

In the second quarter ended June 30, Datadog demonstrated outstanding results in its financial performance.

  • Non-GAAP EPS surged approximately 48% year-over-year to $0.43
  • Revenue experienced a growth of about 27%, totaling around $645.28 million

Both the top and bottom line numbers exceeded analysts' expectations.

Future Outlook

Due to these impressive results, Datadog has raised its outlook for 2024, indicating a promising growth trajectory.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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