Datadog, Inc. (DDOG) Tops Q4 EPS by 5c, Revs Beat
Datadog, Inc. (NASDAQ: DDOG) reported Q4 EPS of $0.03, $0.05 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $113.6 million versus the consensus estimate of $102.41 million.
“We are very pleased with our fourth quarter performance, which was highlighted by 85% year-over-year revenue growth, and very strong platform adoption,” said Olivier Pomel, co-founder and CEO of Datadog. “The quarter closes an excellent year, in which we generated 83% revenue growth and approximately breakeven free cash flow. We are delivering very strong growth at scale, and have demonstrated robust operating efficiencies.”
Pomel added, “Datadog has established itself as the leading monitoring and analytics platform. We accelerated our pace of innovation throughout 2019, including the fourth quarter announcement of Security Monitoring to break down the silos between developer, operations, and security teams. We are proud of what we have accomplished this year and remain committed to delivering continued innovation to solve our customer pain points.”
GUIDANCE:
Datadog, Inc. sees Q1 2020 EPS of ($0.02)-($0.01), versus the consensus of ($0.03). Datadog, Inc. sees Q1 2020 revenue of $117-119 million, versus the consensus of $108.9 million.
Datadog, Inc. sees FY2020 EPS of ($0.07)-($0.03), versus the consensus of ($0.10). Datadog, Inc. sees FY2020 revenue of $535-545 million, versus the consensus of $504.4 million.
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