DigitalOcean Holdings, Inc. (NYSE:DOCN) Q3 2022 Earnings Conference Call November 7, 2022 4:30 PM ET

Company Participants

Rob Bradley - Vice President, Investor Relations

Yancey Spruill - Chief Executive Officer

Bill Sorenson - Chief Financial Officer

Conference Call Participants

Raimo Lenschow - Barclays

Gabriela Borges - Goldman Sachs

Pinjalim Bora - JPMorgan

James Breen - William Blair

Tim Horan - Op. Co.

Pat Walravens - JMP Securities

James Fish - Piper Sandler

Wamsi Mohan - Bank of America

Operator

Good afternoon and welcome to the DigitalOcean Third Quarter 2022 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]

Thank you. I will now turn the call over to Rob Bradley, Vice President of Investor Relations. Please go ahead.

Rob Bradley

Thank you, and welcome, everyone, to DigitalOcean's third quarter 2022 earnings call. Joining me today is Yancey Spruill, our Chief Executive Officer; and Bill Sorenson, our Chief Financial Officer.

Before we begin, I want to cover our Safe Harbor statement. During this conference call, we will be making forward-looking statements, including our financial outlook for the third quarter -- fourth quarter and full year as well as statements about goals and business outlook, industry trends, market opportunities, and expectations for future financial performance and similar items.

All of these statements are subject to risks, uncertainties, and assumptions. You can review more information about these in the Risk Factors section of our filings with the SEC. We remind everyone that our actual results may differ, and we undertake no obligation to revise or update any forward-looking statements.

Finally, we'll be discussing non-GAAP financial measures on our call, and reconciliation between our GAAP and non-GAAP financial results can be found in our earnings press release, which was issued earlier this afternoon and is also in the investor presentation on our IR website.

With that, let me turn the call over to our CEO, Yancey Spruill. Yancey?

Yancey Spruill

Thank you, Rob and thank you all for joining us as we review our strong third quarter results, another quarter in our ongoing commitment to delivering robust revenue growth and improving profitability and free cash flow. I'm proud of the entire DigitalOcean team for delivering these results given the challenges in the operating environment this year.

I'd like to begin today by framing where our business stands in the context of where we've been and how we are set up to durable profitable growth even in these times of uncertainty. I'll then share some insights on our growth and profitability priorities as we close out this year and work our way towards 2023.