DocuSign shares surge 18% on earnings beat and strong guidance

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DocuSign shares surge 18% on earnings beat and strong guidance

) saw its shares soar over 18% after the electronic signature company reported better-than-expected third quarter results and provided upbeat guidance for the current quarter and full fiscal year.

The company's strong performance was driven by momentum in its Intelligent Agreement Management platform. CEO Allan Thygesen noted,"In Q3, early IAM momentum outpaced expectations, and we continued to drive improvement in our core business with strong revenue growth and operating profit." For the full fiscal year 2025, DocuSign anticipates revenue of $2.959 billion to $2.963 billion, exceeding the consensus estimate of $2.947 billion.

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 /  🏆 450. in PT
 

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