Why DigitalOcean Stock Is Catching a Big Bullish Wave Today
Cloud service provider DigitalOcean's top and bottom lines both continued to grow last quarter. Moreover, revenue and earnings are likely to continue growing regardless of the environment.
DigitalOcean Holdings, Inc. (DOCN) Q2 2024 Earnings Call Transcript
DigitalOcean Holdings, Inc. (NYSE:DOCN ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Melanie Strate - Head of IR Paddy Srinivasan - CEO Matt Steinfort - CFO Conference Call Participants Gabriela Borges - Goldman Sachs Raimo Lenschow - Barclays Kingsley Crane - Canaccord Genuity Patrick Walravens - JMP Securities Mike Cikos - Needham Pinjalim Bora - JPMorgan Operator Thank you for standing by, and welcome to the DigitalOcean Second Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
DigitalOcean (DOCN) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for DigitalOcean (DOCN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
DigitalOcean Holdings, Inc. (DOCN) Beats Q2 Earnings and Revenue Estimates
DigitalOcean Holdings, Inc. (DOCN) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.44 per share a year ago.
DigitalOcean (DOCN) to Post Q2 Earnings: What's in Store?
DigitalOcean's (DOCN) second-quarter 2024 performance is likely to reflect the benefits of a robust product portfolio and the strong demand for its AI platform and cloud-based services.
Insights Into DigitalOcean (DOCN) Q2: Wall Street Projections for Key Metrics
Beyond analysts' top -and-bottom-line estimates for DigitalOcean (DOCN), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.
DigitalOcean Holdings, Inc. (DOCN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
DigitalOcean (DOCN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Will DigitalOcean (DOCN) Beat Estimates Again in Its Next Earnings Report?
DigitalOcean (DOCN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Where Will DigitalOcean Stock Be in 5 Years?
DigitalOcean's revenue has fallen short of expectations, but investors are holding out hope, in large part due to the promise of AI. The company's margins are pretty good right now, but they could come down as it invests in AI infrastructure.
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