DigitalOcean (DOCN) Tops Q2 EPS by 9c ; Offers Guidance

DigitalOcean (NYSE: DOCN) reported Q2 EPS of $0.48, $0.09 better than the analyst estimate of $0.39. Revenue for the quarter came in at $192 million versus the consensus estimate of $188.58 million.

GUIDANCE:

DigitalOcean sees Q3 2024 EPS of $0.39-$0.41, versus the consensus of $0.41. DigitalOcean sees Q3 2024 revenue of $196-197 million, versus the consensus of $195.2 million.

DigitalOcean sees FY2024 EPS of $1.60-$1.70, versus the consensus of $1.64. DigitalOcean sees FY2024 revenue of $770-775 million, versus the consensus of $769.8 million.

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

You May Also Be Interested In

• Citrini flags overheating concerns as leverage, chip rally weigh on KOSPI
• Morgan Stanley upgrades CDW on stronger AI-driven server demand
• Eli Lilly plans European weight-loss pill launch by early 2027