Free Trial

DigitalOcean Q1 2024 Earnings Report

DigitalOcean logo
$39.34 -3.70 (-8.59%)
As of 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

DigitalOcean EPS Results

Actual EPS
$0.24
Consensus EPS
$0.18
Beat/Miss
Beat by +$0.06
One Year Ago EPS
N/A

DigitalOcean Revenue Results

Actual Revenue
$184.73 million
Expected Revenue
$182.70 million
Beat/Miss
Beat by +$2.03 million
YoY Revenue Growth
N/A

DigitalOcean Announcement Details

Quarter
Q1 2024
Time
N/A

DOCN Upcoming Earnings

DigitalOcean will be holding an earnings conference call on Tuesday, February 25 at 8:00 AM Eastern. Interested parties can register for or listen to the call.

Conference Call Resources

Conference Call Audio

Slide Deck

DigitalOcean Earnings Headlines

DigitalOcean Announces 2025 Investor Day
Your trading day could end at 11 AM
What do you usually do between 9:35 AM and 11:00 AM? Catch up on emails? Attend a meeting? Maybe grab a coffee? For me, it's become the most important part of my trading day. 85 minutes. That's usually all it takes. Set up at 9:35 AM… Check back at 11:00 AM. And when things work out, there's an extra $100 to $150 in my account… on a $1000 starting stake. Sounds too simple, doesn't it?
Citi Remains a Buy on DigitalOcean Holdings (DOCN)
See More DigitalOcean Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like DigitalOcean? Sign up for Earnings360's daily newsletter to receive timely earnings updates on DigitalOcean and other key companies, straight to your email.

About DigitalOcean

DigitalOcean (NYSE:DOCN), through its subsidiaries, operates a cloud computing platform in North America, Europe, Asia, and internationally. The company's platform provides on-demand infrastructure and platform tools for developers, start-ups, and small and growing digital businesses. It also offers infrastructure-as-a-service (IaaS) solutions comprising compute and storage services, as well as networking projects, including Cloud Firewalls software, Managed Load Balancers software, and Virtual Private Cloud (VPC). The company also provides platform-as-a-service (PaaS) solutions, such as managed databases; managed Kubernetes and container registry; application platform to build, deploy, and scale applications; Functions, a serverless compute solution; and Uptime for real-time uptime and latency alerts, as well as software-as-a-service (SaaS), including managed hosting and DigitalOcean Marketplace, a platform where developers can find pre-configured applications and solutions. In addition, it offers artificial intelligence (AI)/machine learning (ML) applications comprising GPU virtual machines for scaling AI applications; Notebooks, a simple cloud workspace that runs on GPUs that provides a managed interactive development environment for exploring data, and training and building machine learning models; and Deployments for deploying their machine learning model as an API endpoint. The company's customers include software engineers, researchers, data scientists, system administrators, students, and hobbyists. Its customers use its platform in various industry verticals and for a range of use cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, managed services, and AI/ML applications. DigitalOcean Holdings, Inc. was incorporated in 2012 and is headquartered in New York, New York.

View DigitalOcean Profile

More Earnings Resources from MarketBeat