DigitalOcean (DOCN) is scheduled to report fourth-quarter 2023 results on Feb 21.For the fourth quarter, DigitalOcean anticipates revenues of $178 million.The Zacks Consensus Estimate for fourth-quarter revenues stands at $178.26 million, suggesting growth of 9.36% year over year.The company projects earnings in the range of 36-37 cents. The consensus mark for fourth-quarter earnings remained unchanged in the past 30 days at 37 cents per share, suggesting growth of 32.14% year over year. DOCN beat the Zacks ...

Many growth-oriented investors adore tech companies because they can often expand for years by disrupting legacy industries. The sector's biggest success stories -- including Amazon, Microsoft, and Alphabet -- made their long-term investors into millionaires by constantly expanding their ecosystems and crushing their competitors.Those tech giants could still generate more millionaire-making gains, but investors looking for those types of opportunities should also keep an eye on some smaller companies that a ...

Wall Street expects a year-over-year increase in earnings on higher revenues when DigitalOcean Holdings, Inc. (DOCN) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be releas ...

DigitalOcean Holdings, Inc. (DOCN) ended the recent trading session at $39.43, demonstrating a +0.03% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily loss of 0.1%. Meanwhile, the Dow gained 0.33%, and the Nasdaq, a tech-heavy index, lost 0.3%.Prior to today's trading, shares of the company had gained 10.51% over the past month. This has lagged the Computer and Technology sector's gain of 11.35% and outpaced the S&P 500's gain of 5.78% in that time.M ...

NEW YORK--(BUSINESS WIRE)--PINATA, the innovative TaskFlow orchestration platform for real-world work, announced today that Rob Olson had left the venture firm M13 — where he was a Partner, Head of Data Strategy, and board member to PINATA and others — to join the startup as Chief Operating Officer. “It’s not every day your lead investor climbs into the trenches with you,” said PINATA’s CEO, Ian Ferguson. “This move is a testament to Rob’s passion for data-driven SaaS, to M13’s remarkable team of investo ...

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the developer cloud optimized for startups and growing digital businesses, today announced the next evolution of DigitalOcean Backups, an offering that protects users from data disruptions and supports business continuity through enhanced daily, system-level backups of DigitalOcean Droplets. Through these more frequent and faster backups, startups, independent software vendors (ISVs), and growing digital businesses can gain peace of mind a ...

DigitalOcean Holdings, Inc. (DOCN) ended the recent trading session at $34.70, demonstrating a +0.96% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily gain of 0.23%. Elsewhere, the Dow saw an upswing of 0.37%, while the tech-heavy Nasdaq appreciated by 0.07%.Shares of the company have depreciated by 6.6% over the course of the past month, underperforming the Computer and Technology sector's gain of 11.06% and the S&P 500's gain of 5.3%.The investment community will be pay ...

In the latest market close, DigitalOcean Holdings, Inc. (DOCN) reached $33, with a -0.42% movement compared to the previous day. This change lagged the S&P 500's 0.07% loss on the day. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.Heading into today, shares of the company had lost 12.88% over the past month, lagging the Computer and Technology sector's gain of 5.93% and the S&P 500's gain of 3.05% in that time.Investors will be eagerly watching f ...

DigitalOcean Holdings, Inc. (DOCN) closed at $33.14 in the latest trading session, marking a +1.5% move from the prior day. The stock's performance was ahead of the S&P 500's daily gain of 0.53%. Elsewhere, the Dow gained 0.64%, while the tech-heavy Nasdaq added 0.19%.Prior to today's trading, shares of the company had lost 14.42% over the past month. This has lagged the Computer and Technology sector's gain of 5.21% and the S&P 500's gain of 2.48% in that time.The upcoming earnings release of DigitalOcean ...

DigitalOcean Holdings, Inc. (NYSE:DOCN) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Rob Bradley - Vice President of Investor Relations Yancey Spruill - Chief Executive Officer Matt Steinfort - Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Josh Baer - Morgan Stanley Patrick Walravens - JMP Kingsley Crane - Canaccord Genuity Jason Ader - William Blair Jaiden Patel - JPMorgan Operator Hello and good afternoon. My name is Jeremy and I'll be ...