Reported 1 day ago
DocuSign reported revenue and earnings growth that exceeded expectations, with a 8% increase in revenue and a 10% rise in adjusted earnings per share. However, its free cash flow decreased slightly, and the company's full-year billings forecast was lowered, raising concerns about future growth. While CEO Allan Thygesen emphasized a long-term transformation plan, investors are eager for clearer signs of sustained growth, leading to a significant drop in stock price in after-hours trading.
Source: YAHOO