<ul><li>DigitalOcean posted better-than-expected Q3 financial results and raised its full-year sales guidance.</li><li>Shares of DigitalOcean dropped over 13% despite solid earnings, possibly due to a slightly lower Q4 outlook and concerns about user count and net dollar retention rate.</li><li>DigitalOcean operates a popular infrastructure-as-a-service platform with competitive prices and a simple interface.</li><li>The company's revenue grew 12% YoY, driven by an increase in average revenue per customer. It is also investing in AI development tools.</li></ul>

DigitalOcean shares drop 13% despite expectation-topping earnings, raised guidance

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