Why Is Datadog Stock Trading Lower Tuesday?

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Datadog, Inc (NASDAQ:DDOG) stock price dropped after it reported its quarterly results on Tuesday.

The company clocked fourth-quarter FY23 revenue growth of 26% year-on-year to $589.649 million, beating the consensus of $568.695 million.

Adjusted EPS of $0.44 was in line with the consensus

As of December 31, Datadog had 3,190 customers with an ARR of $100,000 or more, increasing …

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