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Benzinga
Benzinga
Business
Adam Eckert

Why Datadog Shares Are Trading Higher Today

Datadog Datadog Inc

Datadog Inc (NASDAQ:DDOG) is trading higher Thursday morning after the company announced better-than-expected fourth-quarter financial results and issued guidance above estimates.

Datadog said quarterly revenue increased 84% year-over-year to $326.2 million, which beat the estimate of $291.48 million. The company reported quarterly earnings of 20 cents per share, which beat the 12 cent estimate. 

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