earnings
confidence high
sentiment positive
materiality 0.75
DigitalOcean Q3 revenue $111.4M (+37% YoY); NDR rises to 116%; guides Q4 rev $117-119M
DigitalOcean Holdings, Inc.
2021-Q3 EPS reported
-$0.08
revenue$308,899,000
- Revenue $111.4M (up 37% YoY); ARR $455M (up 36%)
- GAAP gross margin 61%; adjusted gross margin 80%; adjusted EBITDA $36.4M (33% margin)
- GAAP net loss per share $(0.02); non-GAAP diluted EPS $0.12
- Net dollar retention rate 116% (up 1,200 bps YoY); ARPU $61.97 (up 28%); customers 598K (up 7%)
- Acquired Nimbella (serverless platform); Q4 revenue guidance $117-119M; FY2021 revenue $426-428M