DigitalOcean (DOCN) Tops Q1 EPS by 5c ; Offers Guidance

DigitalOcean (NYSE: DOCN) reported Q1 EPS of $0.43, $0.05 better than the analyst estimate of $0.38. Revenue for the quarter came in at $185 million versus the consensus estimate of $182.61 million.

GUIDANCE:

DigitalOcean sees Q2 2024 EPS of $0.38-$0.40, versus the consensus of $0.39. DigitalOcean sees Q2 2024 revenue of $188-189 million, versus the consensus of $187.1 million.

DigitalOcean sees FY2024 EPS of $1.60-$1.67, versus the consensus of $1.62. DigitalOcean sees FY2024 revenue of $760-775 million, versus the consensus of $767.3 million.

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

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