Workflow
Datadog's stock soars 20% on revenue beat, strong forecast
DatadogDatadog(US:DDOG) CNBC·2025-11-07 00:36

Datadog shares jumped 20% on Thursday after the software company reported third-quarter revenue that topped Wall Street estimates and issued a strong forecast for the fourth quarter.The company reported revenue of 885.7million,whichwasup28885.7 million, which was up 28% year over year, and topped the 852.8 million expected by LSEG analysts.The cloud software company expects fourth quarter revenue to reach between 912millionand912 million and 916 million, far surpassing Wall Street's projections of $887 million.As artificial intelligence-dri ...