DigitalOcean Boasts 13% Revenue Growth In Q4, Raises Full-Year Guidance Due To AI Momentum (CORRECTED)
1. DOCN reported Q4 revenue of $204.93M, beating estimates. Growth signals robust performance. 2. Adjusted EPS reached 49 cents, outpacing the 34-cent consensus. This strengthens earnings credibility. 3. Total revenue and ARR grew 13% YoY, with ARR now at $820M. Revenue growth reflects market momentum. 4. AI traction drove 37% YoY revenue growth among top 500 customers. This highlights value in emerging AI initiatives. 5. Product innovations quadrupled compared to last year. Expanded offerings underpin future competitive positioning.