DigitalOcean (DOCN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - DigitalOcean Holdings, Inc. (DOCN) reported revenue of $204.93 million for Q4 2024, marking a year-over-year increase of 13.3$0.49, which is a 40.00% surprise over the consensus estimate of $0.35, compared to$0.44 a year ago [1] Financial Performance Metrics - The Net Dollar Retention Rate was reported at 99%, surpassing the three-analyst average estimate of 97.7% [4] - Average Revenue Per Customer (ARPU) was $105.75, exceeding the estimated$102.85 by two analysts [4] - Annual Run-Rate Revenue (ARR) reached $820 million, slightly above the estimated$819.18 million by two analysts [4] Stock Performance - DigitalOcean's shares have returned -7.4% over the past month, in contrast to the Zacks S&P 500 composite's -1.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]