DigitalOcean reported quarterly EPS of $0.44, beating the Zacks Consensus Estimate of $0.27 by $0.17, or about 63%. The result was still below the $0.56 per share earned a year ago, so the update is positive versus expectations but softer year over year. This is a stock-specific earnings beat with moderate potential to move shares.
DigitalOcean reported quarterly EPS of $0.44, beating the Zacks Consensus Estimate of $0.27 by $0.17, or about 63%. The result was still below the $0.56 per share earned a year ago, so the update is positive versus expectations but softer year over year. This is a stock-specific earnings beat with moderate potential to move shares.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.34
Ticker Sentiment