DigitalOcean (DOCN) Earnings Date, Estimates & Call Transcripts

$31.54
-1.48 (-4.48%)
(As of 09:46 AM ET)

Earnings Summary

Upcoming
Earnings Date
May. 10
Before Market Opens
Confirmed
Actual EPS
(Feb. 21)
$0.31 Beat By $0.23
Consensus EPS
(Feb. 21)
$0.08
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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 20243$0.01$0.16$0.080.370 - 0.390
Q2 20242$0.10$0.16$0.13 
Q3 20242$0.04$0.18$0.11 
Q4 20242$0.05$0.21$0.13 
FY 20249$0.20$0.71 $0.45

DOCN Earnings Date and Information

DigitalOcean last announced its earnings results on February 21st, 2024. The reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.23. The company had revenue of $180.87 million for the quarter, compared to analysts' expectations of $178.26 million. DigitalOcean has generated $0.01 earnings per share over the last year ($0.01 diluted earnings per share) and currently has a price-to-earnings ratio of 3,305.3. Earnings for DigitalOcean are expected to grow by 10.39% in the coming year, from $0.77 to $0.85 per share. DigitalOcean has confirmed that its next quarterly earnings report will be published on Friday, May 10th, 2024. DigitalOcean will be holding an earnings conference call on Friday, May 10th at 8:00 AM Eastern. Interested parties can register for or listen to the call..

DigitalOcean Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/10/2024
Confirmed)
-------  
2/21/2024Q4 2023$0.08$0.31+$0.23$0.45$178.26 million$180.87 million
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 confirmed that its next quarterly earnings data will be published on Friday, May 10th, 2024. Learn more on DOCN's earnings history.

Did DigitalOcean beat their earnings estimates last quarter?

In the previous quarter, DigitalOcean (NASDAQ:DOCN) reported $0.31 earnings per share (EPS) to beat the analysts' consensus estimate of $0.08 by $0.23. 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 $692.88 million.

How much profit does DigitalOcean generate each year?

DigitalOcean (NASDAQ:DOCN) has a recorded net income of $19.41 million. DOCN has generated $0.01 earnings per share over the last four quarters.

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

DigitalOcean (NASDAQ:DOCN) has a trailing price-to-earnings ratio of 3,305.31 and a forward price-to-earnings ratio of 42.88. The price/earnings-to-growth ratio is 2.78.

What is DigitalOcean's EPS forecast for next year?

DigitalOcean's earnings are expected to grow from $0.77 per share to $0.85 per share in the next year, which is a 10.39% increase.


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This page (NASDAQ:DOCN) was last updated on 4/25/2024 by MarketBeat.com Staff

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