
DigitalOcean Can’t Break Out of the Downtrend
DigitalOcean (DOCN) is one of the best young companies around, but the stock is stuck in a downtrend it can’t get out of.
DigitalOcean (DOCN) is one of the best young companies around, but the stock is stuck in a downtrend it can’t get out of.
Digital Ocean’s (DOCN) customers love the cloud platform, as average revenue per customer jumped 28% last quarter.
DigitalOcean (DOCN) is trying to be a big fish in the cloud hosting space, by offering better pricing than AWS.
DigitalOcean (DOCN) reports qtrly profits (EPS):
Reported: $0.10 vs. -$0.16 = +163%
Estimates: $0.09 vs. -$0.16 = +156%
Beat the street by $0.01
Revenue: +37%
DigitalOcean (DOCN) expected to report qtrly profits (EPS):
Estimates: $0.12 vs. -$0.03 = +500%
DigitalOcean (DOCN) reports qtrly profits (EPS):
Reported: $0.12 vs. -$0.12 = +200%
Estimates: $0.06 vs. -$0.12 = +150%
Beat the street by $0.06
Revenue: +37%