Great recap, as always. Help me with something. The guide is in the 40-45% range, but the revenue retention is at 158. So why wouldn’t revenue growth be at least at 58%?
NRR is the past four quarters, so that 158% basically contributed to the final 70% for this year. The 40-45% is going to be influenced by expansion going forward. The guide suggests NRR is likely going to keep declining until things settle. At least that's the way I'm weighting it.
Please let me know if that's not clear or you see it differently.
Thanks for quick review.. painful day .. I wonder market did not punish ddog much even it’s growing 20% .. comparing that market might not punish this report also ..
Maybe. But the market kept DDOG above $80 and it's now drifted to $74. SNOW seems to be settling just under $145. We'll see where it goes. Both are good companies, so I'll keep watching.
Great recap, as always. Help me with something. The guide is in the 40-45% range, but the revenue retention is at 158. So why wouldn’t revenue growth be at least at 58%?
NRR is the past four quarters, so that 158% basically contributed to the final 70% for this year. The 40-45% is going to be influenced by expansion going forward. The guide suggests NRR is likely going to keep declining until things settle. At least that's the way I'm weighting it.
Please let me know if that's not clear or you see it differently.
Thanks for quick review.. painful day .. I wonder market did not punish ddog much even it’s growing 20% .. comparing that market might not punish this report also ..
Maybe. But the market kept DDOG above $80 and it's now drifted to $74. SNOW seems to be settling just under $145. We'll see where it goes. Both are good companies, so I'll keep watching.
Thanks so very much for your take! Full of thought and guidance!