Welcome to our dedicated page for Datadog news (Ticker: DDOG), a resource for investors and traders seeking the latest updates and insights on Datadog stock.
Datadog, Inc. (DDOG) delivers cloud-native monitoring and security solutions for modern enterprises. This dedicated news hub provides investors and technology professionals with timely updates on corporate developments, product innovations, and market positioning.
Track all essential announcements through curated press releases and verified news coverage. Key updates include earnings reports, platform enhancements, strategic partnerships, and leadership changes. Our aggregation ensures you never miss critical developments affecting Datadog's observability leadership or SaaS market strategy.
Discover categorized updates spanning infrastructure monitoring advancements, security platform expansions, and enterprise adoption trends. The repository serves as your primary source for analyzing Datadog's growth in cloud optimization and digital transformation initiatives.
Bookmark this page for streamlined access to machine-readable financial disclosures, technology partnership announcements, and industry recognition updates. Return regularly to maintain competitive awareness in the evolving cloud monitoring landscape.
Datadog (NASDAQ: DDOG) has launched Kubernetes Active Remediation, enhancing its automated troubleshooting capabilities for Kubernetes environments. The new feature provides curated remediation guidance, best practices, and end-to-end issue management. It offers a comprehensive overview of cluster-level resource problems, ranked by importance, along with consolidated troubleshooting information and root cause analysis.
The platform enables teams to directly trigger deployment patches for key issues within Datadog's unified platform, automating root-cause analysis and detection while improving troubleshooting speed. The solution is designed to help organizations overcome the challenges of Kubernetes expertise and resource-intensive diagnostics.
Datadog (NASDAQ: DDOG) announced its Q3 2024 financial results, reporting revenue of $690 million, a 26% year-over-year increase. GAAP operating income was $20 million with a 3% margin, while non-GAAP operating income was $173 million with a 25% margin. GAAP net income per diluted share was $0.14, and non-GAAP net income per diluted share was $0.46. Operating cash flow stood at $229 million, and free cash flow was $204 million. Datadog had $3.2 billion in cash and marketable securities as of September 30, 2024.
Datadog now has approximately 3,490 customers with ARR of $100,000 or more, a 12% increase from last year. The company was named a Leader in the 2024 Gartner Magic Quadrant for Observability Platforms and Digital Experience Monitoring. Additionally, Datadog announced the general availability of Datadog Monitoring for Oracle Cloud Infrastructure.
For Q4 2024, Datadog projects revenue between $709 million and $713 million, with non-GAAP net income per share between $0.42 and $0.44. For the full year 2024, the company expects revenue between $2.656 billion and $2.660 billion, and non-GAAP net income per share between $1.75 and $1.77.
Datadog (NASDAQ: DDOG) has been named a Leader in Gartner's first-ever Magic Quadrant for Digital Experience Monitoring (DEM), positioning highest in Ability to Execute. The company's DEM solution encompasses Synthetic Monitoring and Testing, Real User Monitoring (RUM), Product Analytics, Session Replay and Error Tracking capabilities for browser and mobile applications. This recognition highlights Datadog's success in providing comprehensive insights into user experience, performance, and security across the entire technology stack. The company's tools have proven valuable for organizations like Redzone QAD, which utilizes Datadog's Synthetic Monitoring for ensuring reliable digital experiences.
Datadog's State of Cloud Security 2024 report reveals significant security risks associated with long-lived credentials across major cloud providers. Key findings include:
- 46% of organizations use unmanaged users with long-lived credentials
- 62% of Google Cloud service accounts, 60% of AWS IAM users, and 46% of Microsoft Entra ID applications have access keys older than one year
- 79% of S3 buckets are covered by Public Access Block, up from 73% last year
- 18% of AWS EC2 instances and 33% of Google Cloud VMs have sensitive project permissions
- 10% of third-party integrations have risky cloud permissions
The report emphasizes the need for modern authentication mechanisms, short-lived credentials, and active monitoring of APIs to enhance cloud security.
Datadog (NASDAQ:DDOG), a cloud application monitoring and security platform provider, has announced its upcoming third quarter fiscal year 2024 earnings call. The company will release its financial results before U.S. markets open on Thursday, November 7, 2024. A conference call is scheduled for the same day at 8:00 a.m. Eastern Time to discuss the results and financial guidance.
Interested parties can access the conference call via phone by registering through a provided link. Additionally, a live webcast of the call will be available on the company's Investor Relations page, with a replay archived on the website for future reference.
Datadog (NASDAQ: DDOG) has announced the general availability of Datadog Monitoring for Oracle Cloud Infrastructure (OCI). This new offering enables Oracle customers to monitor both cloud-native and traditional workloads on OCI, providing comprehensive visibility across infrastructure, applications, and services. Key features include:
1. Integration with 20+ major OCI services and 750+ other technologies
2. Customizable dashboards and monitors for real-time performance visualization
3. Monitoring of AI/ML inference workloads, including GPU usage and performance
4. Code-level visibility into applications with real-time service maps and AI-powered synthetic monitors
The solution aims to help customers confidently migrate from on-premises to cloud environments, execute multi-cloud strategies, and monitor AI/ML workloads effectively.
Datadog (NASDAQ: DDOG) has been named a Leader in the 2024 Gartner Magic Quadrant for Observability Platforms for the fourth consecutive year. This recognition is based on Datadog's Ability to Execute and Completeness of Vision. The report, formerly known as the Gartner Magic Quadrant for APM and Observability, evaluates technology providers in markets with high growth and distinct differentiation.
Customer feedback plays a important role in Datadog's product innovation. The company's platform is praised for its comprehensive monitoring capabilities, intuitive interface, and extensive integrations. Amit Agarwal, President at Datadog, emphasized the importance of understanding customer needs to provide solutions that address their daily challenges.
Datadog (NASDAQ: DDOG) released its Q2 2024 financial results, reporting a 27% revenue increase YoY to $645 million. The company’s GAAP operating income was $13 million with a 2% operating margin, while non-GAAP operating income stood at $158 million with a 24% operating margin. GAAP net income per share was $0.12; non-GAAP net income per share was $0.43. The company generated $164 million in operating cash flow and $144 million in free cash flow. Datadog's customer base with ARR of $100k+ grew by 13% to about 3,390 customers. Additionally, Datadog announced the general availability of LLM Observability, innovations in Generative AI, and other security and analytics tools at DASH 2024. The company provided Q3 revenue guidance between $660 million and $664 million and full-year revenue guidance between $2.62 billion and $2.63 billion.
Datadog (NASDAQ:DDOG), a leading monitoring and security platform for cloud applications, has announced its participation in three upcoming investor conferences. The company's management will present at:
- The Oppenheimer Technology, Internet and Communications Conference on Tuesday, August 13, 2024, at 2:05 p.m. ET
- The Citi Global TMT Conference on Wednesday, September 4, 2024, at 10:00 a.m. ET
- The Goldman Sachs Communacopia and Technology Conference on Tuesday, September 10, 2024, at 6:45 p.m. ET
All presentations will be webcast live and available for replay for a time on Datadog's investor relations website under the 'Events and Presentations' section.
Datadog (NASDAQ: DDOG) has appointed Yanbing Li as Chief Product Officer, effective immediately. Li brings over 25 years of product, technology, and engineering experience from leadership roles at Aurora, Google, and VMware. Her expertise in artificial intelligence, machine learning, cloud and data infrastructure, enterprise software, and cloud operations is expected to help scale Datadog's product portfolio.
Li most recently served as Senior Vice President of Engineering at Aurora, leading all software development efforts. She previously held executive positions at Google and VMware, focusing on cloud commerce platforms, operations infrastructure, and storage and availability business units. Li holds a Ph.D. from Princeton University, a master's degree from Cornell University, and a bachelor's degree from Tsinghua University.