DataDog Inc (DDOG) is a cloud-based analytics company that has consistently beaten earnings estimates. Bank of America analyst is optimistic about its growth potential, AI as a catalyst, and upcoming customer conference.
Okta reported first-quarter revenue of $617 million, which was up 19% year-over-year and came in ahead of analyst estimates of $604.339 million. The cloud-native cybersecurity company reported adjusted earnings of 65 cents per share, beating analyst estimates of 55 cents per share, per Benzinga Pro.
Goldman Sachs analyst Kate McShane reiterated a Buy rating on the shares of Dick's Sporting Goods. According to the analyst, the stock gained due to the earnings beat and higher 2024 guidance.