Datadog, Inc. Stock Price, News & Analysis

Datadog, Inc. (NASDAQ: DDOG) has achieved the AWS Government Competency status, reflecting its expertise in supporting government clients with mission-critical workloads on AWS. This designation highlights Datadog's platform capabilities in security, compliance, and operational performance tailored for government needs. The company has received Authority to Operate (ATO) from 12 Federal Agencies, enhancing its credibility. Datadog aims to bolster its relationship with AWS to assist government agencies in modernizing cloud infrastructure while benefiting various industries.

Datadog (NASDAQ: DDOG) has announced its second quarter fiscal year 2021 financial results will be reported before the U.S. markets open on August 5, 2021. A conference call is scheduled for the same day at 8:00 a.m. ET to discuss the earnings and future financial guidance. Stakeholders can access the call at 800-708-4539 domestically or 847-619-6396 internationally, with the conference ID 50198098. A live webcast will also be available on Datadog's Investor Relations page.

Datadog (NASDAQ: DDOG) announced its integration with Salesforce, enhancing security for organizations utilizing Salesforce as a primary data repository. This integration allows monitoring of user and API activity, enabling faster identification of potential data breaches. Key features include real-time user monitoring, platform API visibility, pre-built threat detection rules, and a dedicated dashboard for threat monitoring. This collaboration aims to improve data security for joint customers, aiding in rapid issue resolution and efficient monitoring.

Ozcode has announced a new integration with Datadog, enhancing the debugging experience for developers working with live systems. This partnership allows developers to add dynamic instrumentation, enabling the capture of logs, metrics, and traces without code changes. Ozcode's solution accelerates troubleshooting and eliminates the need to replicate issues in non-production environments. Datadog users can now access Ozcode's Live Debugger, improving their ability to monitor and resolve production errors effectively.

Datadog (NASDAQ: DDOG) has announced the general availability of its AWS Lambda extension, enhancing its cloud application monitoring and security platform. This extension allows engineering teams to efficiently send data (metrics, traces, logs) to Datadog while minimizing overhead for serverless applications. As AWS Lambda functions are increasingly invoked, the new capabilities lead to cost and time savings for customers, improving operational speed and service visibility across all AWS Lambda runtimes.

Datadog (NASDAQ: DDOG) announced its support for application monitoring with AWS App Runner, becoming a Launch Partner for this new fully managed service. This integration enables engineering teams to monitor their applications without managing infrastructure. Key monitoring capabilities include identifying errors, ensuring resource adequacy, scaling efficiently, and maintaining security oversight. Datadog aims to streamline the deployment and scaling of applications, providing customers with improved performance tracking and issue resolution capabilities.

Datadog (NASDAQ: DDOG), a leader in monitoring and security for cloud applications, will present at three upcoming investor conferences. The events are:

• J.P. Morgan Global Technology Conference: May 24, 2021, at 9:30 a.m. ET
• William Blair Growth Stock Conference: June 3, 2021, at 1:00 p.m. ET
• Berenberg Cyber/DevOps Conference: June 14, 2021, at 11:00 a.m. ET

Presentations will be webcast live, with replays available on the company’s investor relations site.

Datadog's Q1 2021 revenue reached $198.5 million, up 51% YoY. The company's customer base grew significantly, boasting 1,437 customers with $100k+ ARR, a 50% increase. Datadog completed the acquisitions of Sqreen and Timber, enhancing its security offerings. Recognized as a Leader in Gartner's Magic Quadrant for APM, Datadog is positioned well amidst a digital transformation trend as businesses seek agile solutions. For Q2 2021, revenue is projected between $211 million and $213 million, with a full-year forecast of $880 million to $890 million.

Datadog, Inc. (NASDAQ: DDOG) will release its first quarter fiscal year 2021 financial results on May 6, 2021, after market close. A conference call is scheduled for the same day at 5:00 p.m. ET to discuss the results and financial guidance. Investors can join via phone or listen to a live webcast on Datadog's Investor Relations page. The company continues to enhance its monitoring and security platform for cloud applications, catering to various organizations to support digital transformation and cloud migration.