Datadog, Inc. - DDOG STOCK NEWS

Datadog reported a strong second quarter, with revenue reaching $234 million, a 67% increase year-over-year. The company saw significant growth in its customer base, with 1,610 customers generating over $100k in ARR, marking a 59% increase from the previous year. New product launches include Cloud Security Posture Management and Cloud Workload Security. The company projects third-quarter revenue between $246 million and $248 million and full-year revenue between $938 million and $944 million.

Datadog has launched the Cloud Security Platform, integrating full-stack security with its observability capabilities. This platform facilitates collaboration between DevOps and Security teams, offering a shared source of truth to enhance threat detection and incident response. Key features include Cloud Security Posture Management, Cloud Workload Security, and Application Security. Leaders like Jonathan Jaffe from Lemonade emphasize its effectiveness in managing security threats efficiently. The platform addresses rising security challenges as organizations increasingly migrate to the cloud.

Datadog (NASDAQ: DDOG) has announced its availability on the Google Cloud Marketplace, enhancing its partnership with Google Cloud. Customers can now purchase Datadog directly through the Marketplace, enabling simplified monitoring of applications and infrastructure in Google Cloud and hybrid environments. This integration allows for consolidated billing on Google Cloud invoices, improving procurement efficiency. Executive statements highlight Datadog's role in facilitating application monitoring and security, which are essential for cloud migrations and digital transformations.

Datadog, Inc. (NASDAQ: DDOG) has achieved the AWS Government Competency status, reflecting its expertise in supporting government clients with mission-critical workloads on AWS. This designation highlights Datadog's platform capabilities in security, compliance, and operational performance tailored for government needs. The company has received Authority to Operate (ATO) from 12 Federal Agencies, enhancing its credibility. Datadog aims to bolster its relationship with AWS to assist government agencies in modernizing cloud infrastructure while benefiting various industries.

Datadog (NASDAQ: DDOG) has announced its second quarter fiscal year 2021 financial results will be reported before the U.S. markets open on August 5, 2021. A conference call is scheduled for the same day at 8:00 a.m. ET to discuss the earnings and future financial guidance. Stakeholders can access the call at 800-708-4539 domestically or 847-619-6396 internationally, with the conference ID 50198098. A live webcast will also be available on Datadog's Investor Relations page.

Datadog (NASDAQ: DDOG) announced its integration with Salesforce, enhancing security for organizations utilizing Salesforce as a primary data repository. This integration allows monitoring of user and API activity, enabling faster identification of potential data breaches. Key features include real-time user monitoring, platform API visibility, pre-built threat detection rules, and a dedicated dashboard for threat monitoring. This collaboration aims to improve data security for joint customers, aiding in rapid issue resolution and efficient monitoring.

Ozcode has announced a new integration with Datadog, enhancing the debugging experience for developers working with live systems. This partnership allows developers to add dynamic instrumentation, enabling the capture of logs, metrics, and traces without code changes. Ozcode's solution accelerates troubleshooting and eliminates the need to replicate issues in non-production environments. Datadog users can now access Ozcode's Live Debugger, improving their ability to monitor and resolve production errors effectively.

Datadog (NASDAQ: DDOG) has announced the general availability of its AWS Lambda extension, enhancing its cloud application monitoring and security platform. This extension allows engineering teams to efficiently send data (metrics, traces, logs) to Datadog while minimizing overhead for serverless applications. As AWS Lambda functions are increasingly invoked, the new capabilities lead to cost and time savings for customers, improving operational speed and service visibility across all AWS Lambda runtimes.

Datadog (NASDAQ: DDOG) announced its support for application monitoring with AWS App Runner, becoming a Launch Partner for this new fully managed service. This integration enables engineering teams to monitor their applications without managing infrastructure. Key monitoring capabilities include identifying errors, ensuring resource adequacy, scaling efficiently, and maintaining security oversight. Datadog aims to streamline the deployment and scaling of applications, providing customers with improved performance tracking and issue resolution capabilities.