Is It Too Late to Buy Datadog Stock?
's (NASDAQ: DDOG) stock price sank 17% on Aug. 8 after it posted its second-quarter earnings report. Its revenue rose 25% year over year to $509 million and exceeded analysts' expectations by $8 million. Its adjusted net income grew 50% to $125 million, or $0.36 per share, and cleared the consensus forecast by eight cents.
Unfortunately, Datadog's gloomy guidance overshadowed that earnings beat. Let's see how bad those numbers were -- and if it's too late to buy Datadog's stock.
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Source Fool.com
Datadog Inc. Aktie
202,50 €
2,51 %
