1 Earnings Report I Am Watching This Week
With shares of DigitalOcean (NYSE: DOCN) -- a cloud provider focused on serving small and medium-sized businesses (SMBs) -- up 125% year to date, expectations are very high for the company's third-quarter earnings. Analysts expect earnings of $0.07 per share on a non-GAAP basis and revenue to reach nearly $109 million -- representing 5% sequential growth.
It might be difficult to impress investors with high expectations around this quarter's earnings. There are, however, a few key metrics that could allow the company to beat expectations and lead to long-term success, which is why I am watching these metrics closely when DigitalOcean reports its Q3 2021 earnings on Nov. 4th.
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Source Fool.com
