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-0.000719424460431682 -0.0019184652278177 -0.0127098321342926 -0.00935251798561152 -0.0163069544364508 -0.00143884892086336 0.0199616306954436 0.00539568345323744
Stock impact report

Why DigitalOcean Stock Popped Today [Yahoo! Finance]

DigitalOcean Holdings, Inc. (DOCN) 
Company Research Source: Yahoo! Finance
It remained up by 12.6% as of 10:50 a.m. ET. Heading into the Q4 report, analysts expected the on-demand cloud infrastructure and platform tools provider to earn $0.34 per share on sales of $200.5 million. In fact, DigitalOcean earned $0.49 per share for the quarter, and on sales that approached $205 million. Steady growth Sales were up by 13% year over year, which maintained the 13% rate of growth the company achieved earlier in the year. Management noted its annual run-rate revenue was also up 13% -- pointing toward continued strong growth in 2025. The company's $0.49 per share profit figure, however, was only a non-GAAP number. Actual earnings as calculated according to generally accepted accounting principles (GAAP) were only $0.19 p Read more
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