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Stock impact report

DigitalOcean (DOCN) Expands AI Partnerships as Demand for Agentic Cloud Rises [Yahoo! Finance]

DigitalOcean Holdings, Inc. (DOCN) 
Company Research Source: Yahoo! Finance
performance in the third quarter, followed by a higher growth outlook for full-year 2025. It posted revenues of $230 million, up 16% year-over-year, while net income was $158 million, up 381% year-over-year. Paddy Srinivasan, CEO of DigitalOcean, noted how the company's unified agentic cloud platform is “emerging as a preferred destination for AI and digital native enterprises building and scaling AI workloads.” Looking ahead, it raised its full-year guidance from $896 to $897 million in revenues and $2.00 to $2.05 in Non-GAAP diluted net income per share. The company also recently made headlines after it announced a new AI partnership aimed at advancing scalable and secure AI systems. Persistent Systems, a global Digital Engineering and Enterprise Modernization leader, is collaborating with DOCN to develop cost-effective infrastructure that supports enterprise growth and innovation. Under the agreement, Persistent has selected DigitalOcean as its cloud and AI infrastructure p Show less Read more
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