DigitalOcean Holdings, Inc. Reports Decline In Q2 Bottom Line

(RTTNews) - DigitalOcean Holdings, Inc. (DOCN) revealed earnings for second quarter that Drops, from last year

The company's bottom line came in at $35.44 million, or $0.29 per share. This compares with $37.03 million, or $0.39 per share, last year.

Excluding items, DigitalOcean Holdings, Inc. reported adjusted earnings of $55.93 million or $0.45 per share for the period.

The company's revenue for the period rose 28.6% to $281.18 million from $218.70 million last year.

DigitalOcean Holdings, Inc. earnings at a glance (GAAP) :

-Earnings: $35.44 Mln. vs. $37.03 Mln. last year. -EPS: $0.29 vs. $0.39 last year. -Revenue: $281.18 Mln vs. $218.70 Mln last year.

-Guidance: Next quarter EPS guidance: $ 0.28 To $ 0.30 Next quarter revenue guidance: $ 304 M To $ 307 M Full year EPS guidance: $ 1.35 To $ 1.40 Full year revenue guidance: $ 1.170 B To $ 1.180 B