Recap: Datadog Q4 Earnings

 

Datadog DDOG reported its Q4 earnings results on Thursday, February 10, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Check out this: Insiders Buy Over $43M Of 4 Stocks

Earnings

Datadog beat estimated earnings by 66.67%, reporting an EPS of $0.2 versus an estimate of $0.12.

Revenue was up $148.67 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07, which was followed by a 11.12% increase in the share price the next day.

Here's a look at Datadog's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.06 0.03 0.03 0.02
EPS Actual 0.13 0.09 0.06 0.06
Revenue Estimate 247.73M 212.46M 186.71M 163.56M
Revenue Actual 270.49M 233.55M 198.55M 177.53M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Datadog management provided guidance for their next quarter, expecting earnings between $0.1 and $0.12 per share for the next quarter.

This represents a -45.0% in quarter-over-quarter growth for Datadog, a bearish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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