DocuSign Q2 Earnings: 'Improved Business Stability' And 'Increased Efficiency' Drive Revenue, EPS Beat; Shares Slide
Portfolio Pulse from Adam Eckert
DocuSign reported strong Q2 earnings, surpassing revenue and EPS estimates. Despite improved business stability and efficiency, shares fell 1.98% in after-hours trading. The company raised its fiscal year 2025 revenue guidance.
September 05, 2024 | 8:26 pm
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DocuSign reported Q2 revenue of $736M, beating estimates, with EPS at $0.97. Despite positive results and raised FY 2025 guidance, shares fell 1.98% after hours.
DocuSign's Q2 results exceeded expectations, with revenue and EPS both beating estimates. However, the stock price fell 1.98% in after-hours trading, possibly due to market reactions or profit-taking. The raised FY 2025 guidance is a positive sign, but the immediate market reaction was negative.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100