secwatch.observer — SEC 8-K summary
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Issuer:     DigitalOcean Holdings, Inc. (DOCN)
CIK:        0001582961
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001582961-23-000066
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

DigitalOcean Q3 revenue $177M (+16% YoY), GAAP net income $19M; COO Jeffrey Guy to depart Nov 20
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- Revenue $177M, up 16% YoY; ARR $713M, up 11% YoY; NDR 96%.
- GAAP net income $19M (11% margin); adjusted EBITDA $76M (43% margin), up 23% YoY.
- Diluted EPS $0.20; non-GAAP diluted EPS $0.44.
- Q4 guidance: revenue ~$178M; adjusted EBITDA margin 36-37%; non-GAAP EPS $0.36-0.37.
- COO Jeffrey Guy departing Nov 20; acquisition of GPU-cloud provider Paperspace closed in Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582961/000158296123000066/0001582961-23-000066-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582961/000158296123000066/docn-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001582961-23-000066

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