Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag DigitalOcean reports strong Q4 earnings, exceeding expectations, but faces mixed analyst outlook.

flag DigitalOcean, a cloud computing platform, reported strong fourth-quarter earnings, with an adjusted EPS of $0.49 and revenue of $204.9 million, both above analyst expectations. flag The company saw a 13% year-over-year revenue growth, driven by increased focus on AI/ML services and higher customer retention. flag Despite positive results, DigitalOcean's stock valuation remains high, and analysts have a mixed outlook, with an average "Hold" rating and a consensus target price of $42.40.

14 Articles

Further Reading