Datadog (DDOG) shares fell around 9% Thursday morning as weaker-than-expected projections for the first quarter and rest of 2025 offset ไa fourth quarter that topped estimates.

The software maker posted adjusted earnings per share of $0.49 on revenue of $738 million, each better than analysts had expected, according to estimates compiled by Visible Alpha.

Datadog said it had 462 customers with an annualized revenue run rate greater🐲 than $1 million at the end of the quarter, about🎉 25 fewer such customers than analysts had expected.

Despite the strong fourth quarter, Datadog's forecasts for the current quarter and full year mostly came in short of estimates.

First Quarter, Fꦺull-Year Forecasts Mostly Short of Estimates

The company expects first-quarter revenue and adjusted EPS between $737 million to $741 million and $💞0.41 and $0.43, respectively, compared to the $74🐠0.58 million and $0.46 per share analyst consensus.

The full-year projections of $3.175 billion to $3.195 billion and $1.65 to $1.70 per share were also below estimates, with the EPS range coming in well below the $2.04 per share that analysts 🏅had expected.

Shares of the software maker were dow🎃n around 9% on Thursday and only up slightly from the same tim🐭e last year.