DigitalOcean (DOCN) Reports In-Line Q2; Guides Below Views

DigitalOcean (NYSE: DOCN) expects to report Q2 EPS of at least $0.41, in-line with the analyst estimate of $0.41. Revenue for the quarter came in at $170 million versus the consensus estimate of $169.96 million.

GUIDANCE:

DigitalOcean sees Q3 2023 revenue of $172.5-174 million, versus the consensus of $179.51 million.

DigitalOcean sees FY2023 revenue of $680-685 million, versus the consensus of $704.14 million.

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

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Alphabet slides over 6% as AI brain drain and SpaceX slump converge
• NVE Corporation names new CEO and expands board to seven members