DigitalOcean (DOCN) Tops Q4 EPS by 1c; Offers 2022 Guidance

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Go back to DigitalOcean (DOCN) Tops Q4 EPS by 1c; Offers 2022 Guidance

DigitalOcean Announces Fourth Quarter and Fiscal Year 2021 Financial Results

February 24, 2022 7:00 AM EST

Fourth Quarter Revenue Grew 37% Driven by a Net Dollar Retention Rate of 116%

Fourth Quarter Average Revenue Per Customer Increased 29% Year-over-Year

Free Cash Flow was 6% of Revenue in 2021

NEW YORK--(BUSINESS WIRE)-- DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for developers, startups and SMBs, today announced results for its fourth quarter and fiscal year ended December 31, 2021.

2021 was a transformational year for DigitalOcean, said Yancey Spruill, CEO of DigitalOcean. We achieved an exciting milestone in becoming a public company, built... More