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Datadog's Q3 Earnings Ripper, Stock Soars On Strong Guidance

Datadog, Inc (NASDAQ: DDOG) reported third-quarter FY23 revenue growth of 25% year-on-year to $547.5 million, beating the consensus of $524.1 million.

As of September 30, Datadog had 3,130 customers with an ARR of $100,000 or more, increasing 20% Y/Y.

Related: Datadog's FY24 Revenue Consensus Do Not Align With Management's Historical Guidance Trends - This Analyst Downgrades Stock

The adjusted gross margin expanded by 200 bps to ...

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