— 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.
— 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.
While the markets got a boost a couple of weeks ago after Congress passed the new stimulus bill, investors seem to have adopted a cautious stance as details of the
Delta Air Lines (NYSE: DAL) reported fourth quarter 2020 earnings results today. Operating revenues fell 65% year-over-year to $4 billion. The company reported a GAAP net loss of $755 million,
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