DocuSign stock rises after earnings beat and raised outlook, despite macro pressures

DocuSign Inc. shares rose in the extended session Thursday after the e-signature company reported earnings that topped Wall Street expectations and hiked its outlook for the year.

Revenue rose to $687.7 million from $622.2 million in the year-ago period, while billings rose 10% to $711.2 million. Blake Grayson, on his first earnings call as chief financial officer since joining the company in mid-June to succeed Cynthia Gaylor, told analysts on the conference call the company had “no major plans” in the foreseeable future.

“It’s fairly unusual to have that sort of dynamic on a leadership team,” Thygesen said. Thygesen became CEO last Oct. 10 as part of a wide transformation at the company that was kicked off in June 2022. For the quarter ending in January, the company forecast revenue of $687 million to $691 million, and billings of $668 million to $678 million. Analysts expect earnings of 58 cents a share on revenue of $697.5 million and billings of $668.2 million for the fourth quarter,

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

DocuSign’s stock rises after earnings beat and hike in outlookDocuSign shares rose after hours Thursday after the e-signature company beat on earnings and hiked its outlook for the year.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »

Stocks making the biggest moves after hours: DocuSign, Smartsheet, Planet Labs and moreThese are the stocks posting the largest moves in extended trading.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

5 things to know before the stock market opens ThursdayHere are the most important news items that investors need to start their trading day.
출처: NBCPhiladelphia - 🏆 569. / 51 더 많은 것을 읽으십시오 »

Jim Cramer's top 10 things to watch in the stock market ThursdayStocks are poised to open lower Thursday, while the market looks to China's reported ban on iPhones for government workers.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Netflix Inc. stock falls Thursday, underperforms marketShares of Netflix Inc. sank 0.59% to $443.14 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones...
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »