Datadog Inc. has exceeded earnings expectations in the third quarter, driven by continued demand for its cybersecurity and artificial intelligence features.
The company reported adjusted net income of 46 cents per share, surpassing the consensus estimate of 39 cents.
Datadog's revenue grew 26% year-over-year to $690 million, beating the market expectation of $662.6 million.
The company's focus on cybersecurity tools and machine learning workloads has contributed to its growth.