Datadog's 4Q Outlook Fails To Top Expectations, Largest Customer Reins in Usage -- Market Talk
Dow Jones2026/11/04 14:160916 ET - Datadog's 4Q outlook assumes the company's largest customer will reduce its usage to its minimum commitment, CFO David Obstler says on a call with analysts. The customer--an undisclosed AI company--reduced its usage in 3Q, a move that weighed on Datadog's top line. The maker of observability software says revenue grew 35% in 3Q, marking a sequential slowdown from the 36% rise it posted in the previous quarter. "Excluding our largest customer, revenue growth accelerated again," Obstler says. Looking forward, Datadog's 4Q revenue forecast of $1.19 billion to $1.2 billion failed to top expectations. Datadog slides 12% premarket. (connor.hart@wsj.com)
(END) Dow Jones Newswires
November 04, 2026 09:16 ET (14:16 GMT)
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