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DocuSign Shares Sink on Guidance. Time to Buy the Dip?
DOCUDocuSign(DOCU) The Motley Fool·2024-06-09 18:05

Shares of DocuSign (DOCU -4.67%) were sliding after the electronic signature-solutions provider reported its fiscal 2025 first-quarter results. The stock is down over 10% year to date after a late surge in 2023 when the company was close to selling itself to private equity. Solid revenue growth, but bookings guidance disappoints Billings came in at $709.5 million, up 5% year over year and well above the $685 million to $695 million guidance. Gross margin remained strong, although it fell slightly, coming in ...