DocuSign Shares Rise 6% After Q2 Beat And Raised Full-Year Guidance

Core Insights - DocuSign Inc. experienced a more than 6% increase in stock price following the release of stronger-than-expected fiscal second-quarter results and an upward revision of its full-year guidance, driven by the adoption of its AI-enhanced Intelligent Agreement Management platform [1] Financial Performance - Adjusted EPS for the quarter ended July 31 was $0.92, exceeding consensus estimates by $0.07 [2] - Revenue for the quarter grew 9% year-over-year to $800.6 million, surpassing estimates of $779.78 million [2] - Billings increased by 13% to $818 million, while subscription revenue rose 9% to $784.4 million; however, professional services revenue declined by 13% to $16.2 million [2] Future Outlook - The company raised its full-year revenue outlook to $3.19–$3.20 billion, above the consensus estimate of $3.16 billion, and projected Q3 revenue of $804–$808 million [3] - Billings guidance for the year was also increased to $3.34 billion, indicating a growth of 7.4%, with Q3 billings forecasted at $790 million [3]