Docusign Stock Price, News & Analysis

DocuSign (NASDAQ: DOCU) announced the appointment of Robert Chatwani as President & General Manager, Growth, and Anwar Akram as Chief Operating Officer, aiming to enhance leadership in marketing and operations. Both executives bring significant experience, with Chatwani previously at Atlassian and Akram at Google. Their roles will focus on improving operational efficiency and scaling digital strategies to drive growth. CEO Allan Thygesen emphasized the company's transition beyond e-signature leadership into smarter agreement workflows, underscoring the importance of these appointments in supporting DocuSign's expansion and enhancing customer experiences.

DocuSign, Inc. (NASDAQ: DOCU) announced that CFO Cynthia Gaylor will participate in three upcoming investor events. The events include the Evercore ISI 'Off To A Running Start' Bus Tour on January 4, 2023, the Needham Growth Conference Fireside Chat on January 9, 2023, and the Bank of America New Year Software Bus Tour, also on January 9, 2023. The live webcast for the Needham event will be available on the DocuSign Investor Relations website.

DocuSign reported strong third-quarter results for the fiscal year ending October 31, 2022, with total revenue of $645.5 million, reflecting an 18% increase year-over-year. Subscription revenue reached $624.1 million, also up 18%, while professional services revenue rose 27% to $21.4 million. The company achieved a GAAP gross margin of 80%, slightly up from 79% last year. However, GAAP net loss per share was $0.15, compared to $0.03 loss a year earlier. For the upcoming quarter, DocuSign anticipates total revenue guidance between $637 million and $641 million.

DocuSign (Nasdaq: DOCU) will release its third quarter fiscal 2023 results on December 8, 2022, after market close. Following this, a conference call will be held at 1:30 p.m. PST (4:30 p.m. EST) for discussions on financial performance. Interested parties can access the call via the DocuSign Investor Relations website or by dialing in. The replay will be available until December 22, 2022. As the leading provider of electronic signature solutions, DocuSign serves over a million customers globally.

DocuSign has been recognized as a Leader in the 2022 Gartner Magic Quadrant for Contract Lifecycle Management (CLM) for the third consecutive year. The company ranked highest among 18 evaluated vendors for its 'ability to execute' and second for 'completeness of vision.' This acknowledgment highlights DocuSign's commitment to innovation in CLM, leveraging AI and contract analytics, while enhancing integration capabilities with platforms like Salesforce. The recognition underscores DocuSign's influence in the market, aiming to optimize compliance and efficiency for clients, resulting in significant cost and time savings.

On September 28, 2022, InvestorsObserver issued critical PriceWatch Alerts for DOCU, HD, TGT, COST, and CTXS. InvestorsObserver provides options trading reports and stock analysis to help investors make informed decisions. Their proprietary system evaluates stocks based on both technical factors and Wall Street opinions, along with a 12-month price forecast to gauge a stock's investment suitability. The alerts signify potential trading opportunities for investors considering these stocks.

DocuSign (NASDAQ:DOCU) has appointed Allan Thygesen as its new Chief Executive Officer, effective October 10th. Thygesen joins from Google, where he led a $100 billion advertising business. His experience includes roles in e-commerce and digital business transformation. The Board aims for him to leverage DocuSign's growth potential in a $50 billion untapped global market. Interim CEO Maggie Wilderotter will assist in the transition while continuing as Chairman.

DocuSign reported strong Q2 results for the fiscal quarter ending July 31, 2022. Total revenue reached $622.2 million, up 22% year-over-year, with subscription revenue of $605.2 million increasing 23%. However, professional services revenue decreased 11%. The company recorded a GAAP net loss per share of $0.22, worsening from $0.13 last year, while non-GAAP net income per share fell to $0.44 from $0.47. DocuSign's total cash and investments totaled $1,129.6 million at quarter-end, and it provided guidance for Q3 and FY2023 with projected revenues between $624 million and $628 million.

DocuSign (NASDAQ: DOCU) will announce its second quarter fiscal 2023 results on September 8, 2022, after market close. A conference call is scheduled for 1:30 p.m. PT (4:30 p.m. ET) to discuss the financial results. Interested parties can access a live webcast on the DocuSign Investor Relations website. A replay will be available until midnight ET on September 22, 2022.