NEW YORK (AP) — NEW YORK (AP) — Datadog Inc. (DDOG) on Thursday reported fourth-quarter profit of $45.6 million.
The New York-based company said it had profit of 13 cents per share. Earnings, adjusted for one-time gains and costs, were 49 cents per share.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share.
The data analytics and cloud monitoring company posted revenue of $737.7 million in the period, which also topped Street forecasts. Fourteen analysts surveyed by Zacks expected $711.6 million.
For the current quarter ending in March, Datadog expects its per-share earnings to range from 41 cents to 43 cents.
The company said it expects revenue in the range of $737 million to $741 million for the fiscal first quarter.
Datadog expects full-year earnings in the range of $1.65 to $1.70 per share, with revenue ranging from $3.18 billion to $3.2 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DDOG at https://www.zacks.com/ap/DDOG
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