DigitalOcean (DOCN) rated Buy on accelerating growth, AI tailwinds, and 43% EBITDA margins; attractive 13.2x EV/EBITDA ...
DigitalOcean's earnings report for the second quarter of 2024 demonstrated the company's ability to deliver impressive growth and profitability. Revenue for the quarter reached a record $192.5 million ...
While an uncertain economic environment is leading enterprises to look for ways to cut cloud costs, Digital Ocean's focus on small businesses is shielding it to a degree. Growth will still slow this ...
DigitalOcean, a two-billion-dollar plus market cap company, focuses on serving developers and small and medium-sized businesses in the cloud industry. It has faced challenges due to reduced cloud ...
DigitalOcean's latest results make it clear that the company's focus on providing affordable AI compute and software development is paying off. The company's growth rate is improving thanks to higher ...
DigitalOcean acquires cloud startup Paperspace for $111 million to build new artificial intelligence and machine learning products targeting SMBs and startups. DigitalOcean CEO Yancey Spruill ...
Cloud computing platform DigitalOcean (NYSE:DOCN) reported Q3 CY2025 results , with sales up 15.7% year on year to $229.6 million. Guidance for next quarter’s revenue was better than expected at ...