DigitalOcean (DOCN) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, DigitalOcean Holdings, Inc. (DOCN) reported revenue of $184.73 million, up 11.9% over the same period last year. EPS came in at$ 0.43, compared to $0.28 in the year-ago quarter.The reported revenue represents a surprise of +1.11% over the Zacks Consensus Estimate of$ 182.7 million. With the consensus EPS estimate being $0.38, the EPS surprise was +13.16%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...