Datadog raises full-year guidance, lifting shares
Investing.com - Datadog (NASDAQ: DDOG) has lifted its annual forecast for earnings and revenue, although the cloud monitoring platform’s guidance was still below Wall Street expectations.
The New York-based group said it now expects full-year 2025 revenue to be between $3.215 billion and $3.235 billion. Adjusted operating income is seen at $625 million to $645 million, while adjusted per-share net income is tipped to come in at $1.67 to $1.71.
Previously, Datadog had guided for revenue of $3.18 billion to $3.20 billion. Adjusted net income per share was initially projected at $1.65 to $1.70.
Shares in the company rose by more than 5% in premarket U.S. trading on Tuesday.
(This is a developing story. Please check back later for updates.)
