secwatch.observer — SEC 8-K summary
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Issuer:     DigitalOcean Holdings, Inc. (DOCN)
CIK:        0001582961
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001582961-24-000030
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582961/000158296124000030/0001582961-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582961/000158296124000030/docn-20240220.htm
  HTML page:      https://secwatch.observer/filing/0001582961-24-000030

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