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Docusign Revenue, Future Billings Raise Concerns, and Stock Drops
DOCUDocuSign(DOCU) Investopedia·2024-06-07 15:25

The company posted first-quarter fiscal 2025 adjusted earnings per share (EPS) of $0.82, with revenue increasing 7.3% year-over-year to $709.6 million. Both exceeded forecasts, but the revenue beat was just 0.3% above the average of analysts compiled by Visible Alpha. Docusign's first-quarter revenue only slightly beat analysts' forecasts, and its billings guidance raised concerns about future growth. The document-signing software provider's revenue was just 0.3% above analysts' consensus estimate. Shares d ...