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DigitalOcean Holdings Expects FY24 Revenue of $760M-$775M (Prior $755M-$775M) Vs $766.36M Est, Adj EPS of $1.60-$1.67 Vs $1.64 Est

Author: Benzinga Newsdesk | May 10, 2024 07:07am

For the full year 2024, we expect:

  • Total revenue of $760 to $775 million.
  • Adjusted EBITDA margin of 36% to 38%.
  • Adjusted free cash flow margin in the range of 19% to 21% of revenue.
  • Non-GAAP diluted net income per share of $1.60 to $1.67.
  • Fully diluted weighted average shares outstanding of approximately 102 to 103 million shares.

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