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Here is what is to be expected

Cloud Monitoring Software Company Datadog (Nasdaq: Ddog) will report the results tomorrow before the market. Here is what you are looking for.

Datadog defeated the analysts’ sales expectations by 3% in the past quarter and reported sales of $ 737.7 million by 25.1% compared to the previous year. It was a mixed quarter for the company with an impressive fitting of the annual recurring sales estimates of the analysts, but the expectations of the EPS guides of the EPS analysts. It added 120 corporate customers who pay more than 100,000 US dollars annually to reach a total of 3,610.

Does Datadog go to the result? Read our full analysis here, it’s free.

In this quarter, the analysts expect that Datadog’s turnover will grow by 21.2% to $ 741 million in the previous year, which slowed down by 26.9% compared to the increase in the previous year. The adapted result is expected to be $ 0.42 per share.

Total sales datadog
Total sales datadog

Analysts that cover the company have generally re -confirmed their estimates in the past 30 days, which indicates that the company will take the course on the way to the profit countries. Datadog has missed Wall Street’s sales estimates twice in the past two years.

If you look at Datadog’s colleagues in the software development segment, some have already reported their Q1 results, which gave us an indication of what we can expect. F5 achieved sales growth of 7.3%compared to the previous year, whereby the expectations of the analysts were exceeded by 1.7%, and Twilio recorded the income by 12%and exceeded the estimates by 2.6%. The stock price of the F5 was unchanged after the Twilio rose by 2.2%of the result.

Read our complete analysis of the results of F5 and Twilio here.

There was a positive feeling among investors of the software development segment, with the share prices rose by 14.1% on average last month. Datadog rose by 17.5% at the same time and increases with an average analyst course of $ 142.95 (compared to the current share price of USD 103.54).

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(Tagstotranslate) DATADOG (T) sales expectations

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