Have you ever heard of Datadog (ticker symbol: DDOG), a U.S. stock?
It is a software company that provides cloud monitoring services.
In this article, I will introduce the company’s financial results for the period from April to June 2021, which were announced on August 4, 2021.
Financial Results for April to June 2021
EPS is 9¢ vs. 3¢ expected.
Net sales were $234 million, compared to the forecast of $212 million.
Sales growth was 66.8% YoY.
Operating cash flow was $51.7 million.
Free cash flow was $42.3 million.
The number of large customers with annual sales of $100,000 or more was 1610. This is an increase of 59% over the same period last year.