DataDog (DDOG) Q4 FY12/23 Earnings Review
Probably Not A Cat-Astrophe
DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author of this note, or related persons, may have a position in any stocks, security, or financial instrument referenced in this note. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Cestrian Capital Research, Inc. values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications.
The quarter that was good
by Alex King
DataDog (DDOG) stock was down a little post earnings earlier this week, about 4% in premarket trading (it was down a lot more earlier). Talking heads ascribe this to ‘guidance’. From where I sit the quarter was very good and since deferred revenue growth is accelerating, and since RPO has been accelerating (don’t have this quarter’s RPO number yet), I don’t see many reasons to believe that recognized revenue growth is going to be a major problem in the coming year or so.
Numbers, valuation, chart and rating below.
Get our 🎥 content, click here and subscribe.
Not a paying member? Subscribe for fundamental and technical analyses of 40+ stocks. Hit the button below now!
Enjoying our work? 🌟 Help us grow by sharing our newsletter with your social network. 🚀