DigitalOcean Forecast Spurs 12% Rally as Customer Contracts and RPO Climb Sharply
Shares of DigitalOcean Holdings, Inc. (DOCN) jumped 12% after the company said it expects record results for fiscal second quarter 2026, with remaining performance obligations (RPO) set to exceed $800 million. Management provided guidance pointing to roughly 29% revenue growth for the quarter, stronger adjusted EBITDA margin and non-GAAP EPS than p…