DigitalOcean Holdings Sees FY24 Adj. EPS $1.60-$1.70 Vs $1.64 Est.; Revenue $770M-$775M Vs $769.655M Est.
Portfolio Pulse from Benzinga Newsdesk
DigitalOcean Holdings has provided its financial guidance for FY24, projecting adjusted EPS between $1.60 and $1.70, compared to the estimated $1.64. The company also expects revenue to be in the range of $770 million to $775 million, slightly above the estimated $769.655 million.
August 08, 2024 | 9:13 pm
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DigitalOcean Holdings has provided its financial guidance for FY24, projecting adjusted EPS between $1.60 and $1.70, compared to the estimated $1.64. The company also expects revenue to be in the range of $770 million to $775 million, slightly above the estimated $769.655 million.
The financial guidance provided by DigitalOcean Holdings for FY24 shows a positive outlook with both adjusted EPS and revenue projections slightly above estimates. This is likely to have a positive short-term impact on the stock price as it indicates better-than-expected financial performance.
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