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Datadog's stock soars 20% on revenue beat, strong forecast
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 $885.7 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 $912 million and $916 million, far surpassing Wall Street's projections of $887 million.As artificial intelligence-dri ...