There are no signs of recession in our business
docusign (docu) Despite this, the business remains active Damaged Stock Market growing concerns about slowing down US economic growth.
CEO Alan Tigesen I said about Yahoo Finance’s Morning briefs On Friday, demand trends remained strong in February.
“When we looked at the numbers for February, for example, the amount of our transactions was pretty much on the target as we were expecting. “At this point, we didn’t see any recent volatility impact.”
Docusign reported Thursday evening that fourth quarter revenues were better than expected as more customers adopted AI contract technology. The business momentum appears to have a foot in the foot as the company’s Billings guidance surprised Wall Street estimates.
11:32:16 AM Edt. Market open.
Software Play stocks rose more than 16% in Friday morning trading. The stock was No. 1 Yahoo Finance Trend Ticker.
“We maintain a positive view as we believe there is a potential for continuous international expansion, future options for IAM (intelligent agreement) options, and future operating leverage,” writes City Analyst Tyler Radke.
Radke repeated the purchase ratings of Docusign’s stock.
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Fourth quarter net sales: Estimates of $776.3 million, from 9% year-on-year to $761.5 million
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Billings: +11%%Estimated $923.2 million, $863.8 million from the previous year
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Diluted earnings per share: +Estimated $0.85 vs. $0.85 from 13.2% to $0.86 from the previous year.
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First Quarter:
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Year-round:
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Total profit margin fell to 82.2% from 82.6% in 2024.
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Docusign repurchased $683.5 million in shares against $145.5 million in the same period last year.
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It reported $1.1 billion in cash.
Brian Sotzi I’m the executive editor of Yahoo Finance. Follow sozzi with x @Briansozzi, Instagramand LinkedIn. A hint for the story? Please email brian.sozzi@yahoofinance.com.
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