DocuSign Announces Fourth Quarter and Fiscal Year 2021 Financial Results
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DocuSign (DOCU) Falls 5% Despite a Massive Beat-and-Raise, Premium Valuation Justified Says Analyst
March 12, 2021 9:43 AM ESTDocuSign (NASDAQ: DOCU) stock is trading about 5% lower in early trading Friday as the Nasdaq index corrects on higher Treasury yields. A pullback in DOCU stock price is taking place despite a massive beat-and-raise the tech company delivered for its fourth-quarter.
DOCU said it earned $0.37 per share to top the $0.22 per share expected from market analysts. This quarters EPS represents an increase of 208% compared to a year ago. Revenue soared 57% to $430.9 million, again beating the $407.6 million expected from the street.
For the current quarter to end-April, DOCU said it... More
DocuSign Inc. (DOCU) Tops Q4 EPS by 15c; Raises Outlook
March 11, 2021 4:07 PM ESTDocuSign Inc. (NASDAQ: DOCU) reported Q4 EPS of $0.37, $0.15 better than the analyst estimate of $0.22. Revenue for the quarter came in at $430.9 million versus the consensus estimate of $407.65 million.
"Fiscal 2021 was a milestone year for DocuSign. We became a pillar of the 'anywhere... More
