Docusign Stock Price, News & Analysis

DocuSign, listed as DOCU, will release its first quarter fiscal 2022 results on June 3, 2021, post-market close. A conference call to discuss these results is scheduled for 1:30 p.m. PT (4:30 p.m. ET). The call will be available via a live webcast on the DocuSign Investor Relations site. DocuSign supports over 890,000 customers globally, facilitating electronic agreements through its Agreement Cloud.

On May 13, 2021, DocuSign was recognized as a Leader in the 2021 Magic Quadrant for Contract Lifecycle Management by Gartner. This marks the second consecutive year DocuSign has achieved this status, placing highest for 'ability to execute' and gaining recognition for its 'completeness of vision.' The company has significantly invested in the DocuSign Agreement Cloud and enhanced its capabilities with AI and analytics. Gartner notes that Leaders are positioned to impact market direction and have proven business results, indicating DocuSign's strong market presence.

DocuSign (Nasdaq: DOCU) will host its Annual Meeting of Stockholders as a virtual-only event on May 28, 2021, at 8:00 a.m. PT due to the ongoing COVID-19 pandemic. Stockholders can log in starting at 7:45 a.m. PT on the same day via www.virtualshareholdermeeting.com/DOCU2021. Those intending to vote must have their voter control number. Votes can be cast in advance until 11:59 p.m. ET on May 27, 2021. More details are available in supplemental proxy materials filed with the SEC on May 7, 2021.

DocuSign (NASDAQ:DOCU) introduces DocuSign Notary, a remote online notarization solution, enhancing the agreement process for organizations. This service allows notarization via secure audio-visual sessions, increasing speed and cost-efficiency. Announced at the Momentum conference, DocuSign Notary leverages technology from the acquisition of Liveoak Technologies, ensuring secure identity proofing and a detailed audit trail. Available for US customers in supported states, this innovation strengthens DocuSign's position in the electronic signature market.

DocuSign (NASDAQ: DOCU) reported a remarkable fiscal 2021, with total revenue reaching $1.5 billion, a 49% increase year-over-year. The fourth quarter saw revenue of $430.9 million, up 57% year-over-year. Subscription revenue rose 50%, and professional services increased 29%. The company achieved a net retention rate of 123% and strong billings growth of 56%. Despite a GAAP net loss per share of $1.31, non-GAAP net income per diluted share improved significantly to $0.90. Guidance for fiscal 2022 anticipates total revenue between $1.963 and $1.973 billion.

DocuSign (Nasdaq: DOCU) will host its inaugural Analyst Day on March 24, 2021, at 11:00 a.m. PT/2:00 p.m. ET, alongside its customer conference, Momentum. The management team will present on the company's vision, market opportunities, product innovations, and financial outlook, followed by a Q&A session. Interested parties can register for the live webcast at the DocuSign Investor Relations website, with a replay available afterward.

DocuSign serves over 820,000 customers in 180+ countries, enhancing the agreement process through its Agreement Cloud.

DocuSign (Nasdaq: DOCU) announced that CEO Dan Springer will present at the Morgan Stanley Technology, Media & Telecom Conference on March 1, 2021, at 8:45 a.m. PT/11:45 a.m. ET. This fireside chat will be available via live webcast on the DocuSign Investor Relations website. DocuSign simplifies agreement management with its eSignature solution, being a leader in digital signing globally. The company serves over 820,000 customers in 180 countries.

DocuSign (Nasdaq: DOCU) will release its fourth quarter and full year fiscal 2021 results on March 11, 2021, after market close. A conference call is scheduled for 1:30 p.m. PT to discuss the results. Investors can access a live webcast on DocuSign's Investor Relations website. Over 820,000 customers and hundreds of millions of users in more than 180 countries utilize DocuSign's services to simplify business processes and improve efficiency.

DocuSign closed its offering of 0% convertible senior notes due 2024, raising $690.0 million in gross proceeds, including a full $90.0 million option. The notes, which are unsecured and carry no regular interest, mature on January 15, 2024. DocuSign plans to utilize approximately $677.3 million of net proceeds for repurchasing its 2023 convertible notes and general corporate purposes. The initial conversion rate is set at 2.3796 shares per $1,000 principal amount of notes, with a conversion price of approximately $420.24 per share, 60% above the January 12 closing price.