DocuSign reports Q1 revenue up 8% YoY to $764M, subscription revenue up 8% to $746.2M, net income up 113% to $72.1M, and cuts FY 2026 forecast; DOCU falls 18%+
Shares of DocuSign tanked 18% in trading on Friday, a day after the e-signature provider reported stronger-than-expected earnings but slashed its full-year billings outlook.
DocuSign stock jumps 14%+ after reporting Q4 revenue up 9% YoY to $776M, subscription revenue up 9% YoY, and a $83.5M net income, up from $27.2M a year ago
WATCH NOW — Docusign rose more than 14% after reporting stronger-than-expected earnings after the bell Thursday.
DocuSign says it is acquiring contract workflow automation startup Lexion for $165M; Lexion had raised $35.2M
I'm so incredibly impressed by and proud of him!!! https://techcrunch.com/... @docusign : Today we're excited to announce our agreement to acquire @LexionAi, a company that has helped hundreds of orga...
An interview with DocuSign CEO Allan Thygesen on the company's new Intelligent Agreement Management service, now in beta, moving beyond e-signatures, and more
Richard Nieva / Forbes :
DocuSign plans to lay off 6% of its workforce, or ~440 jobs, and will incur a $28M-$32M charge, after acquisition talks seemingly fell through; DOCU drops 6%+
- Deal talks with Bain, Hellman & Friedman stalled over price — Restructuring to help DocuSign grow as independent company
Sources: PE firms Bain Capital and Hellman & Friedman are competing to buy DocuSign but may partner to clinch a deal; an outcome is expected in the coming weeks
Sources: DocuSign is working with advisers to explore a sale; DocuSign went public in 2018 and now has a $12B+ market cap; DOCU closes up 12.46%
Suitors for the $11 billion company could include private equity and technology firms — E-signature company DocuSign is working with advisers …
DocuSign reports Q1 revenue up 12% YoY to $661.4M, vs. $642M est., subscription revenue up 12% YoY, and a $539K net income, up from a $27.4M net loss in Q1 2022
Earnings Review Eric J. Savitz / Barron's Online : DocuSign Shares Soar on Strong Revenue and Billings
DocuSign plans to cut around 10% of its workforce, or around 680 people, after cutting 9% of staff in September 2022; DocuSign had 7,461 staff in January 2022
- E-signature software company DocuSign on Thursday announced plans to cut around 10% of its workforce.
DocuSign reports Q3 revenue up 18% YoY to $645.5M, vs. $627M est., and billings up 17% YoY to $659.4M, vs. $588.6M est.; the stock jumps ~10% after hours
Emily Bary / MarketWatch :