DOCN - Cloud Service Provider DigitalOcean Shares Are Rocketing Today: What's Going On? | Benzinga
DigitalOcean Holdings Inc (NYSE: DOCN) shares are trading higher today by around 21% after it reported Q3 FY23 results.
Revenue grew 16% Y/Y to $177.1 million, beating the consensus of $173.4 million.
Annual Run-Rate Revenue (ARR) ended the quarter at $713 million, up 11% Y/Y, and Average Revenue Per Customer (ARPU) increased 6% Y/Y to $92.06.
Builders and Scalers (customers spending over $50 per ...