DigitalOcean Q2 revenue rises 29% to $281M, outlook raised
DigitalOcean's second-quarter revenue grew 29% to $281M and ARR reached $1,125M. It set full-year revenue guidance at $1.170B–$1.180B, which it called a raise.
DigitalOcean's second-quarter revenue grew 29% to $281M and ARR reached $1,125M. It set full-year revenue guidance at $1.170B–$1.180B, which it called a raise. (SEC (DigitalOcean 8-K, Ex. 99.1))
GAAP net income was $35M; non-GAAP EPS fell to $0.45 from $0.59. Q3 revenue guidance is $304M–$307M. (SEC (DigitalOcean 8-K, Ex. 99.1))