DOCU - These Analysts Increase Their Forecasts On DocuSign After Upbeat Results | Benzinga
DocuSign Inc (NASDAQ: DOCU) reported better-than-expected fourth-quarter financial results on Thursday.
DocuSign’s fourth-quarter revenue increased 8% year-over-year to $712.4 million, which beat the consensus estimate of $699.18 million, according to Benzinga Pro. The agreement cloud company reported quarterly earnings of 76 cents per share, which beat analyst estimates of 64 cents per share.
"DocuSign ended Fiscal 2024 with momentum in product innovation, customer growth, and financial performance, including more than doubling free cash flow year-over-year,” said Allan Thygesen, CEO of DocuSign. "The agreement management opportunity is massive, and we’re excited to deliver category-defining innovation to our 1.5 million ...