secwatch.observer — SEC 8-K summary
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Issuer:     DigitalOcean Holdings, Inc. (DOCN)
CIK:        0001582961
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001582961-24-000067
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DigitalOcean Q1 revenue $185M (+12% YoY); net income margin 8%; EBITDA margin 40%
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- Revenue $185M, +12% YoY; ARR $749M (+12% YoY).
- Net income $14M (8% margin); adjusted EBITDA $74M (40% margin).
- GAAP diluted EPS $0.15; non-GAAP diluted EPS $0.43.
- Q2 revenue guidance $188-189M; FY 2024 revenue $760-775M.
- ARPU $95.13 (+8% YoY); NDR improved to 97% from 96% prior quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1582961/000158296124000067/0001582961-24-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1582961/000158296124000067/docn-20240510.htm
  HTML page:      https://secwatch.observer/filing/0001582961-24-000067

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