Datadog, Inc. Stock Price, News & Analysis

Datadog announces its participation at the Morgan Stanley Technology, Media and Telecom Conference on March 8, 2022, at 11:00 a.m. ET. Management will present key insights on their monitoring and security platform for cloud applications. The presentation will be available via live webcast and a replay on their investor relations website. Datadog offers a SaaS platform that provides real-time observability for organizations, aiding in digital transformation and cloud migration.

NS1 has reported its eighth consecutive year of annual recurring revenue growth in 2021, adding over 150 new customers, including notable companies like Uber and Autodesk, raising its total customer count to nearly 850. The company has introduced innovative solutions like NS1 Connect and NS1 Cloud-Managed DDI, enhancing performance and resilience for applications at the distributed edge. NS1's INS1DER Partner Program has expanded significantly, boosting its partner network by nearly 50%. The company was also recognized in the Deloitte Technology Fast 500 list.

Datadog reported strong financial results for Q4 and the fiscal year 2021, with revenue at $326.2 million, an 84% year-over-year increase. For the entire year, revenue reached $1.03 billion, representing a 70% growth. The company generated $287 million in operating cash flow and $251 million in free cash flow. Datadog's customer base expanded significantly, with 216 customers achieving ARR of over $1 million, a 114% increase. The outlook for Q1 2022 projects revenue between $334 million and $339 million.

On February 10, 2022, Datadog (NASDAQ: DDOG) announced the acquisition of CoScreen, a platform for technical team collaboration. This acquisition enhances Datadog's offerings by enabling real-time screen sharing and collaborative coding among engineers, aiming to improve productivity, incident response times, and resolution efficiency. The integration of CoScreen's capabilities is expected to foster better collaboration for remote teams, aligning with Datadog's mission to unify engineering workflows.

On January 26, 2022, Datadog (NASDAQ: DDOG) announced it received Federal Risk and Authorization Management Program (FedRAMP) Agency Authorization at the moderate impact level, sponsored by the Department of Veterans Affairs. This authorization facilitates the adoption of Datadog's cloud monitoring and security services across federal agencies, enhancing their ability to migrate mission-critical applications securely to the cloud. Currently, 40 federal agencies have granted Datadog an Authority to Operate (ATO), solidifying its position in the public sector.

Datadog (DDOG) will report its fourth quarter and fiscal year 2021 financial results before U.S. markets open on February 10, 2022. A conference call is scheduled for 8:00 a.m. Eastern Time on the same day to discuss the results and financial guidance. Interested parties can join by dialing 800-708-4539 domestically or 847-619-6396 internationally, with conference ID 50274553. The call will be accessible via a live webcast on the company's Investor Relations page.

Datadog, Inc. (NASDAQ: DDOG) announced the appointments of Sean Walters as Chief Revenue Officer and Kerry Acocella as General Counsel, effective immediately. Acocella takes over from Laszlo Kopits, who is retiring after four years. Walters, who joined Datadog in 2018 as Senior Vice President of Worldwide Sales, will oversee global sales initiatives. Acocella has been with Datadog since January 2019 as Chief Corporate Counsel. Both appointees are expected to contribute significantly to the company's growth and innovation.

Datadog, Inc. (NASDAQ: DDOG) announced a strategic partnership with Amazon Web Services (AWS) on January 5, 2022. This collaboration aims to enhance product alignment and innovation for cloud applications. As a trusted AWS Partner, Datadog holds several AWS Competencies, including DevOps and Migration. The partnership enables deeper integration and security features, improving visibility across AWS-hosted environments. This initiative is expected to foster joint marketing efforts and provide customers with comprehensive tools for cloud migration and security.

Datadog (NASDAQ: DDOG) announced the launch of its Sensitive Data Scanner, designed to help organizations identify, classify, and protect sensitive data in application logs. This tool aids compliance with regulations such as GDPR and HIPAA, mitigating risks associated with data exposure. The scanner offers real-time detection and supports custom strategies for data handling. Key features include the ability to tag sensitive data and implement data scrubbing. The service is available now for Log Management customers.