Datadog, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 02:22 pm EDT
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Datadog, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2021. For the quarter, the company reported revenue of $198,549,000 against $131,248,000 a year ago. Operating loss was $12,830,000 against operating income of $3,778,000 a year ago. Net loss was $13,068,000 against income of $6,479,000 a year ago. Basic and diluted net loss per share was $0.04 against basic and diluted income per share of $0.02 a year ago.
Datadog, Inc. specializes in the development and operation of an IT infrastructure and application monitoring and analysis platform dedicated to developers, IT operations teams and business users in the fields of digital transformation and cloud migration. The group's SaaS-operated platform integrates and automates IT infrastructure monitoring, network performance monitoring, network devices, databases and applications, log management and data analysis, enabling unified and real-time observation of its customers' entire technology stack.
At the end of 2023, Datadog, Inc. had approximately 27,300 users.
North America accounts for 69.9% of net sales.