DigitalOcean (DOCN) Tops Q2 EPS by 10c

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Go back to DigitalOcean (DOCN) Tops Q2 EPS by 10c

DigitalOcean Announces Second Quarter 2022 Financial Results

August 8, 2022 4:05 PM EDT

Company Meets Q2 Targets Despite Macro Headwinds

Profitability and Cash Flow Improvement Highlight its Second Quarter

Increases Operating Income and Free Cash Flow Outlook for Fiscal 2022

NEW YORK--(BUSINESS WIRE)-- DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and SMBs, today announced results for its second quarter ended June 30, 2022.

"We are taking a number of actions in the second half to deliver 30% growth with improving profitability and cash flow despite an uncertain environment driven by macroeconomic factors beyond our control," said... More