Reported 20 days ago
Docusign's stock saw a significant increase of about 28.7% after the company reported its Q3 earnings, surpassing analyst expectations with a revenue growth of 8% to $754.8 million and adjusted earnings per share of $0.90. Additionally, optimistic guidance for Q4 billings contributed to the positive momentum, with figures projected between $870 million to $880 million. Despite this rally, the stock remains over 70% below its all-time high from 2021, prompting caution for potential investors.
Source: YAHOO