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๐ข ๐๐๐๐ ๐๐: $Digitalocean(DOCN.US) DigitalOcean Expects Record Q2 Results, RPO to Surpass $800 Million
๐ ๐๐๐ฒ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:โค DigitalOcean expects ๐ซ๐๐๐จ๐ซ๐ ๐๐ ๐๐๐๐ financial results.โค ๐๐๐ is projected to exceed ๐จ๐ฏ๐๐ซ $๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง, up more than ๐๐๐ฑ year over year.โค RPO is expected to increase by ๐จ๐ฏ๐๐ซ $๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง during Q2.โค Weighted average RPO duration is projected to rise from ๐.๐ to ๐จ๐ฏ๐๐ซ ๐ ๐ฒ๐๐๐ซ๐ฌ.โค Q2 revenue growth is expected at ๐๐ฉ๐ฉ๐ซ๐จ๐ฑ๐ข๐ฆ๐๐ญ๐๐ฅ๐ฒ ๐๐%, up from ๐๐% a year earlier.โค Growth was driven by multiple ๐ง๐ข๐ง๐-๐๐ข๐ ๐ฎ๐ซ๐ annual AI inference and cloud customer commitments.โค DigitalOcean expects results at or above the top end of prior ๐๐๐ฃ๐ฎ๐ฌ๐ญ๐๐ ๐๐๐๐๐๐ and ๐ง๐จ๐ง-๐๐๐๐ ๐๐๐ guidance.โค The company secured an additional ๐๐ ๐๐ of data center capacity, bringing total committed capacity to ๐๐ฉ๐ฉ๐ซ๐จ๐ฑ. ๐๐๐ ๐๐.๐ ๐๐ก๐ฒ ๐๐ญ ๐๐๐ญ๐ญ๐๐ซ๐ฌ:โค Rising RPO provides stronger ๐ซ๐๐ฏ๐๐ง๐ฎ๐ ๐ฏ๐ข๐ฌ๐ข๐๐ข๐ฅ๐ข๐ญ๐ฒ over future years.โค Large AI customer commitments highlight accelerating ๐๐๐ฆ๐๐ง๐ for AI infrastructure.โค Expanded data center capacity supports future ๐๐ and cloud workload growth.๐ ๐๐ฑ๐ฉ๐๐ซ๐ญ ๐๐ญ๐๐ญ๐๐ฆ๐๐ง๐ญ:โค "We continue to win the world's most sophisticated AI customers and demand continues to accelerate." โ ๐๐๐๐๐ฒ ๐๐ซ๐ข๐ง๐ข๐ฏ๐๐ฌ๐๐ง, CEO of DigitalOcean.