Previous close | 32.58 |
Open | 33.81 |
Bid | 35.63 x 1200 |
Ask | 35.73 x 800 |
Day's range | 33.50 - 35.98 |
52-week range | 19.39 - 51.69 |
Volume | |
Avg. volume | 1,341,545 |
Market cap | 3.275B |
Beta (5Y monthly) | 1.83 |
PE ratio (TTM) | 179.55 |
EPS (TTM) | 0.20 |
Earnings date | 10 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 39.22 |
DOCN Surpasses Analyst Revenue Forecasts, Aligns with EPS Projections
For the full year, the company expects revenue of $760 to $775 million, narrowing the lower end of the range from $755 million.
DigitalOcean Holdings Inc (NYSE:DOCN) shares are trading higher Friday after it reported fiscal first-quarter results. Revenue grew 12% year over year to $184.73 million, beating the analyst consensus estimate of $182.58 million. Adjusted EPS of $0.43 surpassed the analyst consensus estimate of $0.38. Annual Run-Rate Revenue (ARR) ended the quarter at $749 million, up 12% year over year, and Average Revenue Per Customer (ARPU) increased 8% year over year to $95.13. Builders and Scalers (customer