Business · Companies · 18 hrs ago

Datadog faces forecast risk from a few large customers

Datadog faces forecast risk from a few large customers

Datadog reported a strong quarter, but the company still faces a risk tied to its customer base.

A few giant clients account for much of that concern, and one customer could affect the company’s overall forecast.

Datadog’s business depends on customers using its services, so changes in spending by major clients can matter.

One large client could shift the forecast, even if the rest of the business performs well.

The story does not identify the customer or explain what change might occur.

The company’s outlook could therefore be sensitive to a single client, despite the strong quarter.

No further steps or timing are specified.

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TheStreetNot stated
Datadog’s trouble sits with a few giant clients, and one of them can move the whole forecast.
via TheStreet