Datadog (NASDAQ: DDOG) reported second-quarter earnings on Aug. 4, and the results were exceptional. Despite macroeconomic headwinds, this digital infrastructure observability platform didn't see much of a slowdown in its business and continued to post robust results. Shares fell slightly after the company reported earnings, leaving Datadog down almost 40% in 2022.
Datadog's (NASDAQ: DDOG) stock dipped 2% after the cloud-based data visualization company posted its second-quarter earnings report. Its revenue rose 74% year over year to $406 million, beating analysts' estimates by $25 million.
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