Datadog Inc. (DDOG) shares plummeted 10.87% in the pre-market session on Thursday, despite reporting better-than-expected Q4 results. The cloud monitoring and analytics platform provider's stock took a hit, likely due to disappointing forward guidance.
For Q4, Datadog posted adjusted EPS of $0.49, beating consensus estimates of $0.44. Revenue also topped forecasts, coming in at $738 million versus expectations of $714.5 million. Free cash flow was strong at $241 million, while adjusted free cash flow stood at $265 million.
However, the company's guidance for the upcoming quarter and full year appears to have fallen short of expectations, triggering the sharp sell-off in the pre-market trading. Details on the provided guidance were not available in the brief financial report.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。