Cyber ups and downs: Datadog falls 14% on outlook tied to one customer as Rapid7 jumps and Fastly slides
Three enterprise security companies reported Q3 earnings that exceeded Wall Street expectations. However, Datadog's share price declined 14% in regular trading due to guidance concerns related to a single large customer. Rapid7 was the standout performer, jumping 18% after hours, while Fastly's shares slid despite beating forecasts. The results highlight mixed investor sentiment around the sector.
Key points
- All three firms beat Q3 Wall Street forecasts
- Datadog fell 14% on guidance tied to one customer
- Rapid7 rose 18% after hours; Fastly shares declined
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