Datadog sees annual revenue, profit below estimates as enterprise spending lags


FILE PHOTO: A logo for Datadog is seen during the KubeCon + CloudNativeCon Europe hosted by the Cloud Native Computing Foundation (CNCF) in Paris, France, March 20, 2024. REUTERS/Benoit Tessier/File Photo

(Reuters) - Datadog forecast 2025 revenue and profit below Wall Street expectations on Thursday, hurt by sluggish customer spending on its cloud security services as enterprises cut budgets owing to economic uncertainty.

Shares of the New York-based company fell 10% in premarket trading.

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