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DigitalOcean Holdings Inc (DOCN) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ... [Yahoo! Finance]

DigitalOcean Holdings, Inc. (DOCN) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA: $87 million, an increase of 14% year over year. Adjusted EBITDA Margin: Gross Margin: 60%, consistent with the prior year. Net Dollar Retention Rate: Diluted Net Income Per Share: $0.33, a 65% increase year over year. Non-GAAP Diluted Net Income Per Share: $0.52, an 18% increase year over year. Adjusted Free Cash Flow: $26 million, 13% of revenue. Cash and Cash Equivalents: $440 million. Full Year Revenue Guidance: Increased to $775 million to $777 million. Full Year Adjusted EBITDA Margin Guidance: 40% to 41%. Full Year Non-GAAP Diluted Earnings Per Share Guidance: $1.70 to $1.75. Full Year Adjusted Free Cash Flow Margin Guidance: 15% to 17%. Warning! GuruFocus has detected 6 Warning Sign with DOCN. Release Date: November 04, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript DigitalOcean Holdings Inc ( NYSE:DOCN ) reported a steady revenue growth of 12% year over year in Q3 2024, wi Show less Read more
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