Digitalocean Holdings, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of 2024
May 10, 2024 at 07:00 am EDT
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DigitalOcean Holdings, Inc. provided earnings guidance for the second quarter and full year 2024. For the quarter, company expects total revenue of $188 Million to $189 Million.
For the year, company expects total revenue of $760 Million to $775 Million.
DigitalOcean Holdings, Inc. is a cloud computing platform offering on-demand infrastructure, platform and software tools for startups and small and medium-sized businesses (SMBs). The Company provides SMBs with a comprehensive suite of cloud offerings, advanced networking and the flexibility to harness both Graphics Processing Units (GPUs) and Central Processing Units (CPUs) capabilities. It offers mission-critical solutions across Infrastructure-as-a-Service (IaaS), including its Droplet virtual machines, storage, and networking offerings; Platform-as-a-Service (PaaS), including its Managed Database and Managed Kubernetes offerings; and Software-as-a-Service (SaaS), including its Managed Hosting and Marketplace offerings. Its customers use its platform across numerous industry verticals and for a range of use cases, such as Web and mobile applications, Website hosting, media and gaming, personal Web projects, managed services, and others.
DIGITALOCEAN HOLDINGS, INC. 
