DigitalOcean (DOCN) Misses Q3 EPS by 17c
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DigitalOcean Announces Third Quarter 2023 Financial Results
November 2, 2023 4:04 PM EDTRevenue grew 16% to $177 million
GAAP Net Income was $19 million and Adjusted EBITDA was $76 million
Year to Date Operating Cash Flow of $154 million and Adjusted Free Cash Flow of $127 million
NEW YORK--(BUSINESS WIRE)-- DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and SMBs, today announced results for its third quarter ended September 30, 2023.
We are encouraged by the stabilization we saw in our key revenue growth metrics in Q3, and we continued to both invest in our platform and drive... More

