Recap: DigitalOcean Holdings Q4 Earnings - DigitalOcean Holdings (NYSE:DOCN)

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.

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.