Datadog, Inc. Stock Price, News & Analysis

Datadog (NASDAQ: DDOG) announced its achievement of the AWS Migration & Modernization Competency. This designation highlights Datadog's technical proficiency in assisting organizations with application migration and modernization on AWS. The competency allows AWS customers to find qualified partners for efficient cloud migration. Datadog emphasizes improved operational costs, performance, and agility, fostering a seamless transition for clients to modernize their applications.

Datadog (NASDAQ: DDOG) has launched an integration with Confluent, enabling users to monitor their Confluent Cloud resources seamlessly. This real-time visibility enhances operational efficiency for organizations using the Confluent platform. Key features of the integration include unified monitoring, easy installation, out-of-the-box dashboards, and proactive alerting. The integration aims to streamline the management of data streaming services while ensuring optimal performance for digital experiences.

Datadog, a leading monitoring and security platform for cloud applications, will present at three upcoming investor conferences. The presentations include:

• RBC Capital Markets Global Technology Conference on November 16, 2021, at 11:20 a.m. ET.
• Credit Suisse 25th Annual Technology Conference on November 30, 2021, at 11:30 a.m. ET.
• Barclays Global Technology Conference on December 8, 2021, at 9:45 a.m. ET.

Webcasts will be available on their investor relations site.

Datadog (NASDAQ: DDOG) has completed the acquisition of Ozcode, a live debugging solution that enhances code-level observability in production environments. This strategic move aims to expedite software development and minimize the time taken to resolve production issues. With Ozcode's capabilities, engineering teams can troubleshoot errors directly in the production environment without lengthy log analyses. The acquisition is expected to improve operational efficiency for Datadog's clients, enhancing their overall software delivery and user experience.

Datadog (NASDAQ: DDOG) reported Q3 2021 revenue of $270.5 million, up 75% year-over-year, driven by strong customer demand across various segments. The company recorded a GAAP net loss per diluted share of $(0.02) but achieved a non-GAAP net income of $0.13 per share. With 1,800 customers generating over $100,000 in ARR, a 66% increase from the previous year, Datadog continues to innovate, announcing ten new products at its Dash conference. For Q4 2021, revenue guidance is set between $290 million and $292 million, while the full year outlook is $993 million to $995 million.

NS1 has reported significant growth, adding 39 new customers in Q3 2021, including Uber and AmerisourceBergen, raising its total to nearly 850. The company continues its streak of 28 consecutive quarters of annual recurring revenue growth and maintains a strong customer retention rate of 95%. Innovations include the launch of NetBox Cloud, enhanced integration with Datadog, and new service offerings such as DDoS Overage Protection. NS1's Net Promoter Score of 78 positions it among the top SaaS companies.

Datadog (NASDAQ: DDOG) launched Online Archives, a log warehousing solution offering 15 months of affordable storage and live query capabilities. This feature addresses the need for extended data access, particularly for security and engineering teams conducting audits or analyses. Organizations will now retain log data for the same cost as indexing for one month. It enables historical investigations, correlates metrics and log data, and allows flexible query capacity management. Online Archives is priced at $2.50 per million events for 15 months.

Datadog (NASDAQ: DDOG) announced the general availability of Network Device Monitoring, a new product for monitoring network components such as servers, routers, switches, and firewalls. This tool allows network engineers to pinpoint slow communication sources and leverage machine learning for proactive alerts. Key benefits include the ability to monitor on-premise or hybrid networks, quickly resolve network issues, and enhance visibility across infrastructures. Major companies like Wayfair are already leveraging this new product to improve operational efficiency.

Datadog, Inc. (NASDAQ: DDOG) has launched Datadog Apps, a program enabling partners to create applications for seamless integration into the Datadog platform. Launch partners include Embrace, Fairwinds, Harness, LaunchDarkly, PagerDuty, Rookout, and Shoreline, with their apps now on the Datadog Marketplace. This initiative enhances user workflows by consolidating multiple functionalities within a single platform, allowing for more efficient incident management and feature control. The Datadog Developer Platform offers SDK and dedicated support for partners.