15 articles · Updated · The Wall Street Journal · May 7
The cloud monitoring company cited 32% annual revenue growth, projected about $4.3 billion in 2026 revenue and said it had gained a higher federal security clearance.
Investors pushed the stock up as the company positioned itself as a beneficiary of AI spending, offering tools to help customers build and scale AI projects.
Earlier results showed first-quarter revenue of $1.01 billion and net income of $52.6 million, while raised full-year sales and earnings forecasts beat Wall Street expectations.
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