Categories Earnings, Technology

Datadog (NASDAQ: DDOG): Q4 2019 Earnings Snapshot

— Datadog, Inc. (NASDAQ: DDOG) reported its fourth-quarter 2019 adjusted earnings of $0.03 per share versus a loss of $0.02 per share expected.

— Total revenue jumped by 85% to $113.6 million versus $102.41 million expected.

Earnings Update by AlphaStreet

— As of December 31, 2019, the company had 858 customers with ARR of $100,000 or more, an increase of 89% from last year. The company had 50 customers with ARR of $1 million or more, an increase of 72% year-over-year.

— Looking ahead into the first quarter of 2020, the company expects revenue in the range of $117-119 million and an adjusted loss of $0.02-0.01 per share. The consensus estimates a loss of $0.03 per share on revenue of $108.87 million.

— For the full year 2020, the company sees revenue in the range of $535-545 million and an adjusted loss of $0.07-0.03 per share. The consensus estimates a loss of $0.10 per share on revenue of $504.38 million.

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Also Read:  F5 Networks Inc (FFIV) Q3 2020 Earnings Call Transcript

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