Stock Track | DigitalOcean Soars 19.45% in Pre-Market on Q4 Earnings Beat

Stock Track

Feb 25, 2025

DigitalOcean Holdings, Inc. (DOCN) saw its shares surge 19.45% in pre-market trading on Tuesday, following the company's better-than-expected fourth quarter earnings results for 2024.

The cloud computing platform provider reported revenue of $204.925 million for the quarter, surpassing analysts' estimates of $200.5 million. DigitalOcean's adjusted earnings per share of $0.49 also exceeded expectations of $0.34.

However, the company's pretax profit of $28.994 million fell short of the estimated $41.8 million, potentially tempering the stock's gains during the regular trading session. Investors will be closely watching DigitalOcean's guidance and management commentary for further insights into the company's growth prospects.

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(DOCN) saw its shares surge 19.45% in pre-market trading on Tuesday, following the company's better-than-expected fourth quarter earnings results for 2024.</p>\n\n<p>The cloud computing platform provider reported revenue of $204.925 million for the quarter, surpassing analysts' estimates of $200.5 million. DigitalOcean's adjusted earnings per share of $0.49 also exceeded expectations of $0.34.</p>\n\n<p>However, the company's pretax profit of $28.994 million fell short of the estimated $41.8 million, potentially tempering the stock's gains during the regular trading session. Investors will be closely watching DigitalOcean's guidance and management commentary for further insights into the company's growth prospects.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DOCN","symbol_name":"DigitalOcean Holdings, Inc.","start_time":0,"source_url":"","article_id":"1147520449","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147520449","pubTimestamp":1740486891,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"DigitalOcean Holdings, Inc.  saw its shares surge 19.45% in pre-market trading on Tuesday, following the company's better-than-expected fourth quarter earnings results for 2024.The cloud computing platform provider reported revenue of $204.925 million for the quarter, surpassing analysts' estimates of $200.5 million. 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