What To Expect From DigitalOcean Q4 Earnings?

Needham analyst Mike Cikos reiterated a Hold rating on the shares of DigitalOcean Holdings Inc DOCN.The analyst has a favorable outlook on DigitalOcean ahead of its earnings report, as the analyst notes the increased pace of product development under CEO Paddy Srinivasan will lead to stronger growth among Scalers & Builders, while improving customer retention before they transition to Hyperscalers.Net Dollar Retention is expected to stay below 100%, but the comparison will become easier as the analyst anniv ...