DigitalOcean (DOCN) Reports Q1 Earnings: What Key Metrics Have to Say
DOCNDigitalOcean(DOCN) Zacks Investment Research·2024-05-10 22:30

For the quarter ended March 2024, DigitalOcean Holdings, Inc. (DOCN) reported revenue of 184.73million,up11.9184.73 million, up 11.9% over the same period last year. EPS came in at 0.43, compared to 0.28intheyear−agoquarter.Thereportedrevenuerepresentsasurpriseof+1.110.28 in the year-ago quarter. The reported revenue represents a surprise of +1.11% over the Zacks Consensus Estimate of 182.7 million. With the consensus EPS estimate being $0.38, the EPS surprise was +13.16%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compar ...