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2023-08-03 22:07:07 ET DigitalOcean Holdings, Inc. (DOCN) Q2 2023 Earnings Conference Call August 3, 202316:30 ET Company Participants Rob Bradley - Vice President of Investor Relations Yancey Spruill - Chief Executive Officer Matt Steinfort - Chief Financial Off...
2023-08-03 16:14:43 ET DigitalOcean press release ( NYSE: DOCN ): Q2 Revenue of $170M (+26.9% Y/Y). Shares -17% . Annual Run-Rate Revenue ( ARR ) ended the quarter at $682 million, representing 25% year-over-year growth. Gross profit of $102 million or ...
Revenue grew 27% to $170 million Loss from Operations was $1.5 million and Adjusted EBITDA was $72 million $64 million of Operating Cash Flow and $45 million of Adjusted Free Cash Flow DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and SMBs, today ...
2023-07-28 09:00:00 ET DigitalOcean Holdings (NYSE: DOCN) is a cloud computing company that provides Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) solutions. IaaS gives users computing, storage, and networking resources, while PaaS provides a platform for devel...
2023-07-19 13:48:07 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investors have been piling back into growth stocks — perhaps somewhat begrudgingly — as the group continues to gravitate higher. These promising growth stocks have become top ...
2023-07-14 06:00:00 ET Roblox (NYSE: RBLX) and DigitalOcean (NYSE: DOCN) operate in completely different markets. Roblox enables its users to create games with a simple block-based system, share them with other users, and then monetize them to earn an in-game currency called...
2023-07-12 10:50:00 ET Artificial intelligence (AI) and cloud computing go hand-in-hand. The cloud is where companies store all of their data, and it's also where developers go to build new software products. As a result, businesses have been rushing to cloud providers like Amazon Web S...
2023-07-12 08:44:00 ET Just a few months ago, I floated the idea that small cloud-computing infrastructure company DigitalOcean (NYSE: DOCN) could make a move with artificial intelligence (AI). For years, developers and small businesses have been asking if the company would add grap...
2023-07-12 08:00:00 ET When DigitalOcean (NYSE: DOCN) went public two years ago, many investors were skeptical of its strategy of providing cloud infrastructure platform services to small and medium-sized businesses. After all, the market was already dominated by cloud behemoths lik...
2023-07-11 14:00:00 ET Canadian investors should consider investing in international markets to increase portfolio diversification and lower overall risk. The world’s largest equity market is located south of the border, which is also the world’s biggest economy. The U.S. ...
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30 year tech industry veteran will oversee the go-to-market strategy and drive rapid growth DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, is pleased to announce the appointment of Larry D’Angelo as its new Chi...
2024-07-16 10:00:00 ET There are two sides to the artificial intelligence (AI) revolution. There is hardware, which includes data centers filled with advanced semiconductors designed to train AI models. Then there is software, which includes chatbots like OpenAI's ChatGPT, plus the expandin...
2024-07-13 17:20:00 ET With a market valuation of about $3 billion, DigitalOcean (NYSE: DOCN) is one of the smaller players in the cloud-computing space. It's a good business with plenty of customers, steady revenue growth, and strong margins, but not everything is going according t...