DigitalOcean Shares Rise After 4Q Earnings Beat

Dow Jones

Feb 26, 2025

By Chris Wack

DigitalOcean shares were up 11% to $41.23 after the company reported fourth-quarter earnings that beat analysts' expectations.

The cloud-technology company said it had quarterly net income of $18.3 million, or 19 cents a share, up from $15.9 million, or 17 cents a share, in the same quarter last year. Analysts polled by FactSet were looking for earnings of $9.2 million, or 16 cents a share.

Revenue for the quarter was $204.9 million, compared with last year's $108.9 million and the $200.6 million analysts were expecting.

The company said that its average revenue per customer was $105.75, an increase of 14% over the fourth quarter of 2023, and its net dollar retention rate increased to 99% from 97% in the prior quarter.

DigitalOcean said is expecting first-quarter revenue of $207 million to $209 million, and adjusted earnings of 41 cents to 46 cents a share. Analysts are looking for quarterly revenue of $207.7 million, and adjusted earnings of 42 cents a share. For 2025, the company is expecting revenue of $870 million to $890 million, while analysts are expecting revenue of $877.7 million.

DigitalOcean stock hit its 52-week high of $47.02 on Feb. 18, and is up 12% in the past 12 months.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

February 25, 2025 11:02 ET (16:02 GMT)

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For 2025, the company is expe","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"DOCN":"DigitalOcean Holdings, Inc."},"translate_title":"DigitalOcean股价在第四季度盈利超出预期后上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DOCN":0.9},"content_text":"By Chris Wack \n\n\n \n\n\n  DigitalOcean shares were up 11% to $41.23 after the company reported fourth-quarter earnings that beat analysts' expectations. \n\n\n  The cloud-technology company said it had quarterly net income of $18.3 million, or 19 cents a share, up from $15.9 million, or 17 cents a share, in the same quarter last year. Analysts polled by FactSet were looking for earnings of $9.2 million, or 16 cents a share. \n\n\n  Revenue for the quarter was $204.9 million, compared with last year's $108.9 million and the $200.6 million analysts were expecting. \n\n\n  The company said that its average revenue per customer was $105.75, an increase of 14% over the fourth quarter of 2023, and its net dollar retention rate increased to 99% from 97% in the prior quarter. \n\n\n  DigitalOcean said is expecting first-quarter revenue of $207 million to $209 million, and adjusted earnings of 41 cents to 46 cents a share. Analysts are looking for quarterly revenue of $207.7 million, and adjusted earnings of 42 cents a share. 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