DDOG's good financial results third quarter
Datadog ($DDOG) financial results for the 3rd quarter of 2023
- The EPS forecast was $0.34, but the actual results were higher than expected at $0.45 ⭕️
- The estimated sales was $524.16 million, but the actual results were higher than expected at $547.5 million ⭕️
- Annual (Y/Y) growth rate is now +25% - According to the 4Q outlook, EPS forecasts go from $0.42 to $0.44 against $0.35 and sales from $564 to $568 million against $543.39 million ⭕️
- According to the full-year (FY) outlook, the EPS forecast was $1.52 to $1.54 against $1.33, and sales were $2.103 to $2.107 billion against $2.06 billion ⭕️
- Stock prices rose +19.80% from the previous fiscal year 📈
This shows Datadog's good performance.
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