Earnings Movers | DDOG, UPWK beat EPS over 30%; GS maintains "Sell" for UPST after earnings miss
1. $Datadog(DDOG)$ , cloud monitoring software firm, soars 28% after earnings beats and guidance hike.
Adjusted EPS: 45 cents, beating by over 30%.
Its cloud monitoring and security products collaborate with Amazon - Web Services, Google - Cloud and Microsoft - Azure.
2. $Upwork Inc.(UPWK)$, freelancer platform, surges 20.17%
EPS: 21 cents, beating by 110%.
Q3 net income turns positive to $16.3 mln (net loss of $24.8 mln a year ago).
3. $Planet Fitness(PLNT)$ adds 13.41%.
EPS and revenue beat by 7% and 5% respectively.
Guidance increases to 14% growth from 2022, up from 12%.
4. $Upstart Holdings, Inc.(UPST)$ , AI-driven lending platform, lost 23%.
Quarterly results and outlook fell short.
Goldman Sachs analyst Mike Ng reiterated the Sell recommendation on Upstart following the Q3 financial results.
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