earnings
confidence high
sentiment positive
materiality 0.75
DigitalOcean Q1 revenue $127.3M (+36% YoY); NDR 117%, ARPU up 28%
DigitalOcean Holdings, Inc.
2022-Q1 EPS reported
-$0.17
revenue$127,327,000
- Revenue $127.3M (+36% YoY); ARR $524M (+35%); net loss $(0.17)/share, non-GAAP EPS $0.07.
- Net Dollar Retention rate 117% (up from 107% YoY); ARPU $68.90 (+28%).
- Customers 623K (+6%), >$50/month customers 102K (+20%); acquired CSS Tricks.
- Q2 guidance: revenue $133-135M, non-GAAP EPS $0.09-0.10; full year rev $564-568M, non-GAAP EPS $0.70-0.71.
- Repurchased 2.6M shares for $150M; increased credit facility to $250M.