DigitalOcean Holdings, Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year 2022
November 07, 2022 at 04:05 pm EST
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DigitalOcean Holdings, Inc. provided earnings guidance for the fourth quarter and full year 2022. For the quarter, the company expects total revenue of $160 million to $162 million.
For the year, the company expects total revenue of $573 million to $575 million.
DigitalOcean Holdings, Inc. is a cloud computing platform offering on-demand infrastructure, platform and software tools for startups and small and medium-sized businesses (SMBs). The Company provides SMBs with a comprehensive suite of cloud offerings, advanced networking and the flexibility to harness both Graphics Processing Units (GPUs) and Central Processing Units (CPUs) capabilities. It offers mission-critical solutions across Infrastructure-as-a-Service (IaaS), including its Droplet virtual machines, storage, and networking offerings; Platform-as-a-Service (PaaS), including its Managed Database and Managed Kubernetes offerings; and Software-as-a-Service (SaaS), including its Managed Hosting and Marketplace offerings. Its customers use its platform across numerous industry verticals and for a range of use cases, such as Web and mobile applications, Website hosting, media and gaming, personal Web projects, managed services, and others.
DIGITALOCEAN HOLDINGS, INC. 
