DigitalOcean Announces Third Quarter 2023 Financial Results

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DigitalOcean (DOCN) Misses Q3 EPS by 17c

November 2, 2023 4:33 PM EDT

DigitalOcean (NYSE: DOCN) reported Q3 EPS of $0.20, $0.17 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $177 million versus the consensus estimate of $173.36 million.

GUIDANCE:

DigitalOcean sees FY2023 EPS of $1.52-$1.54. DigitalOcean sees FY2023 revenue of $690 million, versus... More