Docusign shares rise on earnings and revenue beat
For the quarter that ended on Jan. 31, Docusign reported adjusted earnings of 86 cents per share, up from 76 cents per share in the same quarter a year ago, on revenue of $776.3 million, up 9% year-over-year. Both figures were ahead of the 84 cents per share and revenue of $760.99 million expected by analysts.
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DocuSign ( DOCU 17.74%) stock surged 15.4% through 10:30 a.m. ET Friday after reporting a modest earnings beat last night.
Electronic signature service Docusign beat expectations with a strong fourth-quarter earnings report, driven by its new artificial intelligence-powered platform.
DocuSign CEO Allan Thygesen says demand remains brisk despite the stock market pullback and rising economic growth concerns.
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DocuSign, Super Micro, Shift4, Credo, Redfin: Trending by AnalystsAnalysts are intrested in these 5 stocks: ( ($DOCU) ), ( ($SMCI) ), ( ($FOUR) ), ( ($CRDO) ) and ( ($RDFN) ). Here is a ...
Docusign shares soared nearly 20% Friday after the technology company reported better-than-expected fourth-quarter earnings.
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