Benzinga | May 6, 2021 08:27AM EDT

DigitalOcean Holdings Sees Q2 2021 Revs $97M-$99M Vs $96.14M Est; Sees FY21 Revs $405M-$409M Vs $397.82M Est

Based on information available as of May 6, 2021, for the second quarter of 2021 we expect:

* Total revenue of $97 to $99 million.

* Adjusted EBITDA margin of 30% to 31%.

* Fully diluted weighted average shares outstanding of 117 to 119 million shares. For the full year 2021, we expect: Total revenue of $405 to $409 million. Adjusted EBITDA margin of 30% to 31%. Fully diluted weighted average shares outstanding of 115 to 117 million shares. Capital expenditures as a percentage of revenue of 25% to 26%.