secwatch.observer — SEC 8-K summary
======================================

Issuer:     DigitalOcean Holdings, Inc. (DOCN)
CIK:        0001582961
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0001582961-22-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DigitalOcean Q1 revenue $127.3M (+36% YoY); NDR 117%, ARPU up 28%
-----------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582961/000158296122000021/0001582961-22-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582961/000158296122000021/docn-20220504.htm
  HTML page:      https://secwatch.observer/filing/0001582961-22-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer