DigitalOcean Holdings, Inc. (NYSE:DOCN) Q3 2024 Earnings Conference Call November 4, 2024 8:00 AM ET

Company Participants

Melanie Strate - Head, Investor Relations
Paddy Srinivasan - Chief Executive Officer
Matt Steinfort - Chief Financial Officer

Conference Call Participants

Raimo Lenschow - Barclays
Mike Cikos - Needham
James Fish - Piper Sandler
Gabriela Borges - Goldman Sachs
Jeff Hickey - UBS
Josh Baer - Morgan Stanley
Pinjalim Bora - JPMorgan

Operator

Thank you for standing by, and welcome to the DigitalOcean Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I'd now like to turn the call over to Melanie Strate, Head of Investor Relations. You may begin.

Melanie Strate

Thank you, and good morning. Thank you all for joining us today to review DigitalOcean's third quarter 2024 financial results. Joining me on the call today are Paddy Srinivasan, our Chief Executive Officer; and Matt Steinfort, our Chief Financial Officer. After our prepared remarks, we will open the call up to a question-and-answer session.

Before we begin, let me remind you that certain statements made on the call today may be considered forward-looking statements, which reflect management's best judgment based on currently available information. I refer specifically to the discussion of our expectations and beliefs regarding our financial outlook for the fourth quarter and full year 2024, as well as our business goals and outlook. Our actual results may differ materially from those projected in these forward-looking statements.

I direct your attention to the risk factors contained in our filings with the Securities and Exchange Commission and those referenced in today's press release that is posted on our website. DigitalOcean expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements made today.

Additionally, non-GAAP financial measures will be measured on this conference call and reconciliations to the most directly comparable GAAP financial measures are also available in today's press release, as well as in our investor presentation that outlines the financial discussion on today's call. A webcast of today's call is also available the IR section of our website.

And with that, I will turn the call over to Paddy.

Paddy Srinivasan

Thank you, Melanie. Good morning, everyone, and thank you for joining us today as we review our third quarter 2024 results. DigitalOcean had a successful third quarter, continuing to deliver progress on our key metrics and executing on the initiatives we laid out earlier in the year, further establishing ourselves as the simplest scalable cloud.