Recap: DocuSign Q1 Earnings
Portfolio Pulse from Benzinga Insights
DocuSign (NASDAQ:DOCU) reported Q1 earnings with an EPS of $0.72, beating estimates by 28.57%. Revenue was up $72.7 million YoY. Last quarter, the company beat EPS estimates by $0.13, followed by a 22.85% drop in share price the next day.
June 08, 2023 | 8:11 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
DocuSign's Q1 earnings beat estimates with an EPS of $0.72 and revenue up $72.7 million YoY. Last quarter, beating EPS estimates led to a 22.85% drop in share price.
DocuSign's Q1 earnings beat estimates, which is generally a positive signal for the stock. However, last quarter, despite beating EPS estimates, the share price dropped 22.85% the next day. This mixed performance makes it difficult to predict the short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100