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DigitalOcean Holdings (NYSE: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.
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.
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.
Posted In: DOCN
