DocuSign’s stock rises after earnings beat and hike in outlook

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.

The company reported fiscal second-quarter net income of $7.4 million , or 4 cents a share, versus a loss of $45.1 million, or 22 cents a share, in the year-ago period. Adjusted earnings, which exclude one-time charges and stock-based compensation charges, rose to 72 cents a share from 44 cents a share in the year-ago period.Analysts surveyed by FactSet had estimated 66 cents a share on revenue of $677.6 million, based on the company’s guidance of $675 million to $679 million.

Analysts expect earnings of 58 cents a share on revenue of $697.5 million for the fourth quarter, and of $2.56 a share on revenue of $2.72 billion for the year.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

5 things to know before the stock market opens ThursdayHere are the most important news items that investors need to start their trading day.
مصدر: NBCPhiladelphia - 🏆 569. / 51 اقرأ أكثر »

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.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

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...
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Tesla Inc. stock falls Thursday, still outperforms marketShares of Tesla Inc. dropped 0.17% to $251.49 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones...
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »