Datadog (DDOG), HP Inc. (HPQ), Agilent (A), Norwegian Cruise Lines (NCLH), and Norfolk Southern (NSC) are notable gainers among liquid option names on August 28th. DDOG is up 6.29% to $138.02, HPQ is up 0.98% to $28.09, A is up 3.75% to $122.44, NCLH is up 0.63% to $25.51, and NSC is up 6.37% to $278.72.
On August 28th, Datadog (DDOG) emerged as a notable gainer among liquid option names, with a significant increase of 6.29% to $138.02. This performance was driven by robust financial results reported during the company's second quarter of fiscal year 2025, which showcased strong year-over-year (YoY) and sequential growth. Key financial highlights included a substantial 28% YoY increase in revenue, reaching $827 million, and a 20% free cash flow margin [1].
The company's customer growth was also impressive, with approximately 31,400 customers at the end of the quarter, up from about 28,700 a year ago. This growth includes new customers acquired through the EPO and MetaPlan acquisitions. The number of high-value customers with an Annual Recurring Revenue (ARR) of $100,000 or more increased to 3,850, accounting for approximately 89% of Datadog's total ARR. The AI-native cohort contributed significantly to the revenue growth, representing approximately 11% of Q2 revenues and an estimated 10 percentage points to the YoY revenue growth in Q2 [1].
Other notable gains on August 28th included HP Inc. (HPQ), Agilent (A), Norwegian Cruise Lines (NCLH), and Norfolk Southern (NSC). HPQ saw an increase of 0.98% to $28.09, A gained 3.75% to $122.44, NCLH rose by 0.63% to $25.51, and NSC experienced a significant 6.37% increase to $278.72. These gains reflect the broader market sentiment and investor confidence in these companies' performance and future prospects.
References:
[1] https://www.datainsightsmarket.com/companies/DDOG
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