=Datadog (DDOG) reported earnings on Tue 8 Aug 23 (b/o)

 

Datadog beats by $0.08, beats on revs; guides Q3 EPS above consensus, revs below consensus; guides FY23 EPS above consensus, revs below consensus

• Reports Q2 (Jun) earnings of $0.36 per share, excluding non-recurring items, $0.08 better than the FactSet Consensus of $0.28; revenues rose 25.4% year/year to $509.46 mln vs the $501.55 mln FactSet Consensus.
• Co issues mixed guidance for Q3, sees EPS of $0.33-0.35, excluding non-recurring items, vs. $0.29 FactSet Consensus; sees Q3 revs of $521-525 mln vs. $536.20 mln FactSet Consensus.
• Co issues mixed guidance for FY23, sees EPS of $1.30-1.34, excluding non-recurring items, vs. $1.18 FactSet Consensus; sees FY23 revs of $2.05-2.06 bln vs. $2.10 bln FactSet Consensus.