{"id":121156,"date":"2025-11-06T14:02:20","date_gmt":"2025-11-06T14:02:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/121156\/"},"modified":"2025-11-06T14:02:20","modified_gmt":"2025-11-06T14:02:20","slug":"datadog-forecasts-strong-fourth-quarter-earnings-on-ai-driven-security-demand","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/121156\/","title":{"rendered":"Datadog forecasts strong fourth-quarter earnings on AI-driven security demand"},"content":{"rendered":"\n<p class=\"yf-1090901\">(Reuters) -Datadog forecast fourth-quarter earnings above Wall Street estimates on \u200bThursday, betting on strong demand for \u200cits cloud-security products from businesses adopting <a href=\"https:\/\/tech.yahoo.com\/ai\/\" data-ylk=\"slk:artificial intelligence;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">artificial intelligence<\/a> technology.<\/p>\n<p class=\"yf-1090901\">Shares \u200cof Datadog, which have risen 8.5% so far this year, gained nearly 10% in premarket trading.<\/p>\n<p class=\"yf-1090901\">Growing AI use and cloud \u2060migration are driving demand \u200cfor Datadog&#8217;s monitoring and security tools that provide real-time protection, \u200daccess control and device oversight.<\/p>\n<p class=\"yf-1090901\">Datadog joined the S&amp;P 500 in July and counts Shell, PayPal and \u200bComcast among its customers.<\/p>\n<p class=\"yf-1090901\">It forecast fourth-quarter revenue \u200cbetween $912 million and $916 million, above analysts&#8217; average estimate of $887.27 million, according to data compiled by LSEG.<\/p>\n<p class=\"yf-1090901\">The company expects its adjusted profit per share to be \u2060between 54 cents and 56 \u200bcents for the fourth quarter,\u200b above analysts&#8217; estimate of 46 cents.<\/p>\n<p class=\"yf-1090901\">Its revenue rose 28% to $885.65 \u200dmillion in \u2060the third quarter, beating estimates of $852.78 million. Adjusted profit per share \u2060was 55 cents, also beating estimates of 47 cents.<\/p>\n<p class=\"yf-1090901\">(\u200cReporting by Anhata Rooprai in Bengaluru; Editing \u200cby Krishna Chandra Eluri)<\/p>\n","protected":false},"excerpt":{"rendered":"(Reuters) -Datadog forecast fourth-quarter earnings above Wall Street estimates on \u200bThursday, betting on strong demand for \u200cits cloud-security&hellip;\n","protected":false},"author":2,"featured_media":121157,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,85237,85238,111,139,69,16308,145,78616],"class_list":{"0":"post-121156","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-artificialintelligence","11":"tag-datadog","12":"tag-fourth-quarter-earnings","13":"tag-new-zealand","14":"tag-newzealand","15":"tag-nz","16":"tag-premarket-trading","17":"tag-technology","18":"tag-wall-street-estimates"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/121156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=121156"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/121156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/121157"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=121156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=121156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=121156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}