Datadog Drops 17.95% in Pre-Market Despite Beat-and-Raise Quarter

1. 1Datadog (DDOG) falls 17.95% in pre-market trading despite topping second-quarter results and raising its full-year guidance
2. 2Revenue of $1.12 billion (up 36%) and non-GAAP EPS of $0.65 beat estimates; full-year revenue guidance lifted to $4.45 billion–$4.47 billion
3. 3Third-quarter revenue guidance points to a mid-teens slowdown at roughly 29% year-over-year growth; shares had more than doubled ahead of the report

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