secwatch.observer — SEC 8-K summary
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Issuer:     DigitalOcean Holdings, Inc. (DOCN)
CIK:        0001582961
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0001582961-22-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

DigitalOcean Q2 revenue $133.9M (+29% YoY); raises FY22 FCF outlook to 9-10%
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- Q2 revenue $133.9M (+29% YoY); ARR $544.1M (+28%). Non-GAAP diluted EPS $0.20.
- Operating loss $7.4M; non-GAAP operating income $22.3M (17% margin).
- Repurchased ~10M shares in Q2; cash & securities $1.2B.
- CFO Bill Sorenson to retire by Aug 2023; search for successor started.
- Q3 guidance: revenue $145.5-147M, non-GAAP EPS $0.22-0.23. FY22 revenue $564-568M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582961/000158296122000037/0001582961-22-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582961/000158296122000037/docn-20220805.htm
  HTML page:      https://secwatch.observer/filing/0001582961-22-000037

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