Reported about 5 hours ago
Docusign's stock surged on Friday following strong quarterly results and an optimistic outlook, marked by a 9% increase in total customers and a 7% rise in large customers spending over $300,000. CEO Allan Thygesen highlighted it as one of the company's most profitable growth quarters, driven by advancements in AI technology. The company reported adjusted earnings per share of $0.92 and revenue up 9% year-over-year to $800.6 million, prompting a rise in full-year revenue projections.
Source: YAHOO