tiprankstipranks
DigitalOcean sees entering 2025 with baseline revenue growth in low to mid teens
The Fly

DigitalOcean sees entering 2025 with baseline revenue growth in low to mid teens

Says remains committed to driving continued operating leverage in the core DigitalOcean (DOCN) platform. Raises FY24 adjusted EBITDA margin guidance to 40%-41%, implying Q4 adjusted EBITDA margin 34%-38%. Comments taken from Q3 earnings conference call.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App