DigitalOcean (DOCN) Misses Q1 EPS by 1c; Offers Guidance

DigitalOcean (NYSE: DOCN) reported Q1 EPS of $0.28, $0.01 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $165.1 million versus the consensus estimate of $164.11 million.

GUIDANCE:

DigitalOcean sees Q2 2023 EPS of $0.40-$0.41, versus the consensus of $0.37. DigitalOcean sees Q2 2023 revenue of $169.5-170.5 million, versus the consensus of $169.6 million.

DigitalOcean sees FY2023 EPS of $1.70-$1.73, versus the consensus of $1.66. DigitalOcean sees FY2023 revenue of $700-720 million, versus the consensus of $703.5 million.

For earnings history and earnings-related data on DigitalOcean (DOCN) click here.

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