Datadog stock slips after earnings forecast comes in light

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Shares of Datadog Inc. were falling 7% in after-hours trading Thursday after the company topped expectations with its fourth-quarter earnings and revenue but...

Shares of Datadog Inc.

were falling 7% in after-hours trading Thursday after the company topped expectations with its fourth-quarter earnings and revenue but trailed the consensus view with its full-year forecast. The company, which runs a software platform with monitoring capabilities, logged a net loss of $29.0 million, or 9 cents a share, whereas it posted net income of $7.2 million, or 2 cents a share, in the year-earlier period.

were falling 7% in after-hours trading Thursday after the company topped expectations with its fourth-quarter earnings and revenue but trailed the consensus view with its full-year forecast. The company, which runs a software platform with monitoring capabilities, logged a net loss of $29.0 million, or 9 cents a share, whereas it posted net income of $7.2 million, or 2 cents a share, in the year-earlier period.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twilio's better-than-expected earnings, buyback plans boost sharesTwilio Inc on Wednesday reported better-than-expected quarterly earnings and said the cloud communications platform will buy back shares worth $1 billion, sending its shares up 12% in extended trading.
Source: Reuters - 🏆 2. / 97 Read more »