TECH - DocuSign's Surprising Q3 Results: A Turning Point or Temporary Triumph? | Benzinga
Needham analyst Scott Berg had a Hold rating on DocuSign, Inc (NASDAQ: DOCU).
DocuSign said third-quarter revenue increased 9% year-over-year to $700.42 million, which beat the consensus estimate of $690.13 million. The company reported quarterly earnings of 79 cents per share, which beat analyst estimates of 63 cents per share.
DocuSign reported better than feared 3QF24 results with a ~1.7% beat on subscription revenue, but more impressively, significant upside to margin estimates and record free ...