Datadog, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2020
February 11, 2021 at 04:10 pm
Share
Datadog, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2020. For the quarter, the company reported revenue of $177,531,000 against $113,644,000 a year ago. Operating loss was $8,938,000 against $2,266,000 a year ago. Net loss was $16,160,000 against income of $891,000 a year ago. Basic and diluted net loss per share was $0.05 against $0.00 a year ago.
For the full year, the company reported revenue of $603,466,000 against $362,780,000 a year ago. Operating loss was $13,773,000 against $20,140,000 a year ago. Net loss was $24,547,000 against $16,710,000 a year ago. Basic and diluted net loss per share was $0.08 against $0.12 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.