07:57 AM EST, 11/07/2024 (MT Newswires) -- Datadog ( DDOG ) reported Q3 non-GAAP net income Thursday of $0.46 per diluted share, up from $0.36 a year earlier.

Analysts polled by Capital IQ expected $0.40.

Revenue for the quarter ended Sept. 30 was $690 million, up from $547.5 million a year earlier.

Analysts surveyed by Capital IQ expected $664.5 million.

For Q4, the company said it expects non-GAAP net income in the range of $0.42 to $0.44 per share. Analysts polled by Capital IQ expect $0.40.

Revenue for the quarter is projected to be between $709 million and $713 million. Analysts surveyed by Capital IQ expect $710.4 million.

For full-year 2024, Datadog ( DDOG ) said it now expects non-GAAP net income in the range of $1.75 to $1.77 per share, up from its prior outlook of $1.62 to $1.66. Analysts polled by Capital IQ expect $1.66.

Revenue for the year is now projected to be around $2.66 billion, up from its previous range of $2.62 billion to $2.63 billion. Analysts surveyed by Capital IQ expect $2.63 billion.

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