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Kiplinger
Kiplinger
Business
Joey Solitro

Datadog Earnings Overshadowed By Leadership Shift: What To Know

Datadog Amit Agarwal DDOG
Purple Datadog logo of puppy holding a chart in its mouth on smartphone and in background.

Datadog (DDOG) stock is down more than 10% Tuesday even as the cloud monitoring and security firm beat top- and bottom-line expectations for its first quarter and raised its full-year outlook.

In the three months ended March 31, Datadog's revenue increased 27% year-over-year to $611 million. Its earnings per share (EPS) improved to 44 cents from 23 cents in the year-ago period.

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