share_log

Datadog | 10-Q: Q2 2024 Earnings Report

Datadog | 10-Q: Q2 2024 Earnings Report

Datadog | 10-Q:2024财年二季报
美股SEC公告 ·  2024/08/09 19:42

Moomoo AI 已提取核心信息

Datadog reported strong financial results for Q2 2024, with revenue increasing 27% year-over-year to $645.3 million. The company achieved net income of $43.8 million, compared to a net loss of $4.0 million in Q2 2023. Gross margin improved to 81% from 80% in the prior year period, driven by revenue growth outpacing cloud infrastructure costs.The company continued to demonstrate strong customer momentum, growing its customer base to approximately 28,700, up from 26,100 a year ago. Notable metrics include approximately 3,390 customers with annual run-rate revenue of $100,000 or more, representing 87% of ARR. Product adoption remained robust with 83% of customers using multiple products and 49% using more than four products.Looking at operational metrics, Datadog maintained healthy cash flow with operating cash flow of $376.7 million for the first half of 2024. The company ended the quarter with a strong balance sheet, including $411.0 million in cash and cash equivalents and $2.5 billion in marketable securities. The trailing 12-month dollar-based net retention rate was in the mid-110%'s, reflecting some moderation in usage growth from existing customers.
Datadog reported strong financial results for Q2 2024, with revenue increasing 27% year-over-year to $645.3 million. The company achieved net income of $43.8 million, compared to a net loss of $4.0 million in Q2 2023. Gross margin improved to 81% from 80% in the prior year period, driven by revenue growth outpacing cloud infrastructure costs.The company continued to demonstrate strong customer momentum, growing its customer base to approximately 28,700, up from 26,100 a year ago. Notable metrics include approximately 3,390 customers with annual run-rate revenue of $100,000 or more, representing 87% of ARR. Product adoption remained robust with 83% of customers using multiple products and 49% using more than four products.Looking at operational metrics, Datadog maintained healthy cash flow with operating cash flow of $376.7 million for the first half of 2024. The company ended the quarter with a strong balance sheet, including $411.0 million in cash and cash equivalents and $2.5 billion in marketable securities. The trailing 12-month dollar-based net retention rate was in the mid-110%'s, reflecting some moderation in usage growth from existing customers.
Datadog报告了2024年第二季度的强劲财务业绩,营业收入同比增长27%,达到64530万美元。公司实现了4380万美元的净利润,而在2023年第二季度则为400万美元的净亏损。毛利率从上年的80%提高至81%,主要是由于营业收入的增长超过了云基础建设的成本。公司继续展现出强劲的客户动能,客户数量从一年前的26100名增长至约28700名。显著指标包括约3390名客户的年化营业收入达到10万美元或以上,代表了87%的年化营业收入。产品采用情况也保持强劲,83%的客户使用多款产品,49%的客户使用超过四款产品。从运营指标来看,Datadog维持了健康的现金流,2024年上半年的经营现金流为37670万美元。公司以强劲的资产负债表结束了季度,现金及现金等价物为41100万美元,市场证券为25亿。过去12个月美元计价的净保留率处于中110%的水平,反映出现有客户的使用增长有所放缓。
Datadog报告了2024年第二季度的强劲财务业绩,营业收入同比增长27%,达到64530万美元。公司实现了4380万美元的净利润,而在2023年第二季度则为400万美元的净亏损。毛利率从上年的80%提高至81%,主要是由于营业收入的增长超过了云基础建设的成本。公司继续展现出强劲的客户动能,客户数量从一年前的26100名增长至约28700名。显著指标包括约3390名客户的年化营业收入达到10万美元或以上,代表了87%的年化营业收入。产品采用情况也保持强劲,83%的客户使用多款产品,49%的客户使用超过四款产品。从运营指标来看,Datadog维持了健康的现金流,2024年上半年的经营现金流为37670万美元。公司以强劲的资产负债表结束了季度,现金及现金等价物为41100万美元,市场证券为25亿。过去12个月美元计价的净保留率处于中110%的水平,反映出现有客户的使用增长有所放缓。
声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息