07:49 AM EDT, 08/08/2024 (MT Newswires) -- Datadog ( DDOG ) reported Q2 adjusted earnings Thursday of $0.43 per diluted share, up from $0.29 a year earlier.

Analysts polled by Capital IQ expected $0.36.

Revenue for the quarter ended June 30 was $645.3 million, compared with $509.5 million a year earlier.

Analysts surveyed by Capital IQ expected $625.1 million.

The company said it expects Q3 adjusted earnings of $0.38 to $0.40 per share on revenue ranging between $660 million and $664 million.

Analysts polled by Capital IQ expect normalized earnings of $0.36 per share on revenue of $663.5 million.

Datadog ( DDOG ) also said it now expects fiscal 2024 adjusted earnings of $1.62 to $1.66 per share on revenue ranging between $2.62 billion and $2.63 billion. That compares with the company's previous expectation for adjusted earnings of $1.51 to $1.57 per share on $2.59 billion to $2.61 billion in revenue.

Analysts polled by Capital IQ expect normalized earnings of $1.56 per share on revenue of $2.61 billion.

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