DigitalOcean (DOCN) Increases Share Buyback by $500M, Reports Q4
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
DigitalOcean Announces Fourth Quarter and Fiscal Year 2022 Financial Results
February 16, 2023 7:00 AM EST2022 Revenue Increased 34% Year-Over-Year
2022 Operating Cash Flow Increased 47% and Free Cash Flow Grew to 13% of Revenue
Announces $500 Million Expansion of Share Repurchase Program
NEW YORK--(BUSINESS WIRE)-- DigitalOcean Holdings, Inc. (NYSE: DOCN), the cloud for startups and SMBs, today announced results for its fourth quarter and fiscal year ended December 31, 2022.
"Despite multiple headwinds in 2022, we delivered strong revenue growth, with significant increases in free cash flow margin," said Yancey Spruill, CEO of DigitalOcean. "We broadened our product portfolio and... More
