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DigitalOcean (DOCN) Earnings Date, Estimates & Call Transcripts

$31.04
+0.43 (+1.40%)
(As of 12/8/2023 ET)
Compare
Today's Range
$30.11
▼
$31.21
50-Day Range
$19.83
▼
$31.04
52-Week Range
$19.39
▼
$51.69
Volume
530,836 shs
Average Volume
1.58 million shs
Market Capitalization
$2.67 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$34.10
Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsSocial Media

Earnings Summary

Upcoming
Earnings Date
Feb. 15Estimated
Actual EPS
(Nov. 2)
$0.17 Beat By $0.12
Consensus EPS
(Nov. 2)
$0.05
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

DOCN Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

DOCN Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

DigitalOcean Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20232($0.04)($0.01)($0.03)$0.29 -
Q2 20233($0.01)$0.11$0.03$0.40 - $0.41
Q3 20233$0.02$0.16$0.08 
Q4 20233$0.01$0.21$0.09 
FY 202311($0.02)$0.47$0.18 
Q1 20242$0.01$0.07$0.04 
Q2 20241$0.10$0.10$0.10 
Q3 20241$0.04$0.04$0.04 
Q4 20241$0.05$0.05$0.05 
FY 20245$0.20$0.26 $0.23

DOCN Earnings Date and Information

DigitalOcean last issued its earnings data on November 2nd, 2023. The reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.05 by $0.12. The company had revenue of $177.06 million for the quarter, compared to the consensus estimate of $173.57 million. DigitalOcean has generated ($0.26) earnings per share over the last year (($0.26) diluted earnings per share). Earnings for DigitalOcean are expected to grow by 38.89% in the coming year, from $0.18 to $0.25 per share. DigitalOcean has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, February 15th, 2024 based off prior year's report dates.

DigitalOcean Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
2/15/2024
Estimated)		------- 
11/2/2023Q3 2023$0.05$0.17+$0.12$0.14$173.57 million$177.06 million
8/11/2023Q2 2023$0.11$0.11-$0.21$169.75 million$169.81 million
5/9/2023Q1 2023$0.29$0.28($0.01)$0.37$164.13 million$165.13 million      
2/16/2023Q4 2022$0.19$0.28+$0.09$0.10$161.10 million$163.00 million      
11/7/2022Q3 2022-$0.16+$0.16$0.22$148.13 million$152.12 million
8/8/2022Q2 2022($0.05)($0.04)+$0.01($0.02)$134.48 million$133.88 million      
5/4/2022Q1 2022($0.04)($0.16)($0.12)($0.15)$126.22 million$127.33 million    
2/24/2022Q4 2021($0.02)($0.11)($0.09)($0.11)$119.02 million$119.66 million    
11/4/2021Q3 2021$0.07$0.12+$0.05($0.08)$108.84 million$111.43 million    
8/5/2021Q2 2021$0.06($0.02)($0.08)($0.02)$98.24 million$103.81 million  












DigitalOcean Earnings - Frequently Asked Questions

When is DigitalOcean's earnings date?

DigitalOcean has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, February 15th, 2024 based off last year's report dates. Learn more on DOCN's earnings history.

Did DigitalOcean beat their earnings estimates last quarter?

In the previous quarter, DigitalOcean (NASDAQ:DOCN) reported $0.17 earnings per share (EPS) to beat the analysts' consensus estimate of $0.05 by $0.12. Learn more on analysts' earnings estimate vs. DOCN's actual earnings.

How much revenue does DigitalOcean generate each year?

DigitalOcean (NASDAQ:DOCN) has a recorded annual revenue of $675.01 million.

How much profit does DigitalOcean generate each year?

DigitalOcean (NASDAQ:DOCN) has a recorded net income of -$27.80 million. DOCN has generated -$0.26 earnings per share over the last four quarters.

What is DigitalOcean's price-to-earnings ratio?

DigitalOcean (NASDAQ:DOCN) has a forward price-to-earnings ratio of 172.44. The price/earnings-to-growth ratio is 5.38.

What is DigitalOcean's EPS forecast for next year?

DigitalOcean's earnings are expected to grow from $0.18 per share to $0.25 per share in the next year, which is a 38.89% increase.


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This page (NASDAQ:DOCN) was last updated on 12/8/2023 by MarketBeat.com Staff

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