
DocuSign has reported better-than-expected earnings for Q2 2024, leading to a positive outlook for the upcoming fiscal year. The company now projects fiscal year 2025 revenue to be between $2.94 billion and $2.95 billion, an increase from the previous forecast of $2.92 billion to $2.93 billion. For Q3 2025, DocuSign anticipates revenue between $743 million and $747 million, reflecting a 6% year-over-year increase at the midpoint. Despite the positive earnings report, DocuSign's stock has fallen by 1.0% pre-market. CEO Allan Thygesen stated that the company has fully stabilized its current business and exceeded guidance on all metrics, including billings.
"It was a very solid quarter," DocuSign CEO @thygesen_allan says on Q2 earnings. "We've now fully stabilized our current business. All metrics point to that. ... We did exceed guidance on all metrics, including billings." https://t.co/4SdZaxnVIG
$DOCU (+1.0% pre) Docusign posts earnings beat and turns to next leg of post-pandemic strategy - MW https://t.co/taSoy7o4Fl
Docusign posts earnings beat and turns to next leg of post-pandemic strategy https://t.co/Axvt6Qm7xP