Datadog stock slips after earnings forecast comes in light

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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.

 

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