Recap: DigitalOcean Holdings Q4 Earnings

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DigitalOcean Holdings DOCN reported its Q4 earnings results on Wednesday, February 21, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

DigitalOcean Holdings beat estimated earnings by 18.92%, reporting an EPS of $0.44 versus an estimate of $0.37.

Revenue was up $17.88 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 16.63% increase in the share price the next day.

Here's a look at DigitalOcean Holdings's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.38 0.40 0.28 0.20
EPS Actual 0.44 0.44 0.28 0.28
Revenue Estimate 173.32M 169.82M 164.11M 161.09M
Revenue Actual 177.06M 169.81M 165.13M 163.00M

To track all earnings releases for DigitalOcean Holdings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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DOCNDigitalOcean Holdings Inc
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