Datadog delivered robust Q1 results, with revenue up 32% YoY and accelerating $100k+ ARR customer growth, dispelling SaaSpocalypse fears. The company raised full-year guidance, but the projected revenue growth rate suggests only a respectable, not extraordinary, near-term outlook. New growth drivers, including GPU monitoring and FedRAMP High certification, expand Datadog's TAM and long-term opportunity.
Datadog: Don't Chase The Relief Rally
Source: Seeking Alpha