DocuSign Tumbles 4.9% in After-Market Trading Amid Mixed Financial Results
$DocuSign(DOCU.US$ shares slumped 4.9% to $51.92 after the market closed as investors weighed the company's mixed financial results and the $1 billion increase in its share buyback program.
The company sees fiscal year 2025 revenue at $2.92 billion to $2.93 billion. The midpoint of that guidance is below the average analyst estimate of $2.93 billion reported by Benzinga.
The provider of online agreement management reported that adjusted earnings rose to 82 cents a share in the fiscal first quarter ended April 30, from 72 cents a year earlier. Analysts, on average, expected adjusted EPS of 79 cents. Total revenue for the three-month period rose to $709.6 million, from $661.4 million a year earlier, the company said. That surpassed the average estimate of $707.1 million, Benzinga reported.
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Former editor at Bloomberg, then Lazard Asset Management. Posts aren’t investment advice. Views are just mine.
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SonnyM : Corporates buy iPhones in bulk and have this eSign function with just the camera and PDF
Don't courts take this as evidence? Why is DocuSign considered the standard when anyone with a smartphone can do the same thing without using DocuSign or paying them?
I wonder if someone has figured out how to fake or hack the app to alter the document or time/date?