DigitalOcean Non-GAAP EPS of $0.28 beats by $0.09, revenue of $162.99M beats by $1.89M, introduces FY and Q1 outlook
- DigitalOcean press release (NYSE:DOCN): Q4 Non-GAAP EPS of $0.28 beats by $0.09.
- Revenue of $162.99M (+36.2% Y/Y) beats by $1.89M.
- Q1 Outlook:
- Total revenue of $163 to $165 million vs consensus of $168.58MAdjusted EBITDA margin of 31% to 32%. Non-GAAP diluted net income per share of $0.28 to $0.29 vs consensus of $0.24. Fully diluted weighted average shares outstanding of approximately 113 to 115 million shares.
- FY23 Outlook:
- Total revenue of $700 to $720 million vs consensus of $739.86M.Adjusted EBITDA margin of 38% to 39%.Free cash flow in the range of 21% to 22% of revenue. Non-GAAP diluted net income per share of $1.65 to $1.69 vs consensus of $1.16.