DigitalOcean Q4 revenue $181M (+11% YoY); FY2023 rev $693M (+20%); EPS $0.20; new $140M buyback

DigitalOcean Holdings, Inc.

2023-FY EPS reported $0.20 revenue$692,884,000

Q4 revenue $181M (+11% YoY); net income $16M; diluted EPS $0.17, non-GAAP $0.44.
Full-year revenue $693M (+20% YoY); net income $19M; adjusted EBITDA $277M (40% margin).
New $140M stock repurchase program approved, expiring Dec 31, 2025.
NDR declined to 96% from 112% prior year; ARPU $92.63 (+6% YoY).
Q1 2024 revenue guidance $182-183M; FY2024 revenue $755-775M.

item 2.02 item 9.01 item 8.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

DigitalOcean Holdings, Inc. reported the fiscal quarter and year ended December 31, 2023 results: revenue $693 million, net income $19 million, EPS $0.20. Guidance reaffirmed.

Period: the fiscal quarter and year ended December 31, 2023
Revenue: $693 million
Net income: $19 million
EPS: $0.20
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Revenue was $693 million, an increase of 20% year-over-year.

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DigitalOcean Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001582961-24-000030

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