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DigitalOcean Q4 Non-GAAP Net Income, Revenue Increase; Q1, 2025 Outlook Issued
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DigitalOcean Q4 Non-GAAP Net Income, Revenue Increase; Q1, 2025 Outlook Issued
Feb 25, 2025 4:56 AM

07:44 AM EST, 02/25/2025 (MT Newswires) -- DigitalOcean ( DOCN ) reported Q4 non-GAAP net income Tuesday of $0.49 per diluted share, up from $0.44 a year earlier.

Analysts polled by FactSet expected $0.34.

Revenue for the quarter ended Dec. 31 was $204.9 million, compared with $180.9 million a year earlier.

Analysts polled by FactSet expected $200.6 million.

The company said it expects Q1 non-GAAP net income of $0.41 to $0.46 per diluted share. Analysts polled by FactSet expect $0.42. Revenue is estimated at $207 million to $209 million. Analysts polled by FactSet expect $207.7 million.

For 2025, DigitalOcean ( DOCN ) said it expects non-GAAP net income of $1.85 to $1.95 per diluted share. Analysts polled by FactSet expect $1.84. Revenue is estimated at $870 million to $890 million. Analysts polled by FactSet expect $877.7 million.

Shares of DigitalOcean ( DOCN ) were up 17% in recent premarket activity Tuesday.

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