India, May 6 -- Datadog, Inc. (DDOG), while reporting weak first-quarter profit, but above market estimates, on Tuesday issued second-quarter outlook. Further, the company raised its fiscal 2025 guidance, with revenues expected above the Street.
In the pre-market activity on the Nsadaq, Datadog shares were losing around 2 percent to trade at $103.50.
For the second quarter, the company projects adjusted net income per share between $0.40 and $0.42, and revenue between $787 million and $791 million.
The Wall Street analysts on average expect the company to report earnings of $0.41 per share on revenues of $770.11 million. Analysts' estimates typically exclude special items.
For fiscal 2025, the company now expects adjusted earnings per s...