{"id":125889,"date":"2020-12-04T03:40:00","date_gmt":"2020-12-04T00:40:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/docusign-stock-gains-after-upbeat-earnings\/"},"modified":"2020-12-04T03:40:00","modified_gmt":"2020-12-04T00:40:00","slug":"docusign-stock-gains-after-upbeat-earnings","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/docusign-stock-gains-after-upbeat-earnings\/","title":{"rendered":"#\n  DocuSign stock gains after upbeat earnings"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a407ed912681\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a407ed912681\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/docusign-stock-gains-after-upbeat-earnings\/#Company_tops_expectations_as_digital_wave_continues_during_COVID-19_crisis\" >Company tops expectations as digital wave continues during COVID-19 crisis<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/docusign-stock-gains-after-upbeat-earnings\/#DocuSign_enables_people_and_businesses_to_collect_electronic_signatures_on_documents\" >DocuSign enables people and businesses to collect electronic signatures on documents.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/docusign-stock-gains-after-upbeat-earnings\/#Emily_Bary\" >Emily Bary<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  DocuSign stock gains after upbeat earnings<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Company_tops_expectations_as_digital_wave_continues_during_COVID-19_crisis\"><\/span>\n  Company tops expectations as digital wave continues during COVID-19 crisis<br \/>\n<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><\/p>\n<div class=\"column column--full article__content\">\n<div id=\"js-article__body\" class=\"article__body article-wrap at16-col16 barrons-article-wrap\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0000088370\">\n<div class=\"barrons-article-ad-wrapper\">\n<div data-track=\"barrons-article-ad-wrap\" class=\"barrons-article-ad sticky_item\">\n<div class=\"barrons-main-article-ad-target sticky_target body_ad\" aria-hidden=\"true\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div data-layout=\"inline\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          inline\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--inline\n  \"><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        renoImageFormat-\n        img-inline\n        article__inset__image\n      \" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<div style=\"padding-bottom:56.25%;\" data-mobile-ratio=\"56.25%\" data-layout-ratio=\"56.25%\" data-subtype=\"\" class=\"image-container  responsive-media article__inset__image__image\">\n        <img decoding=\"async\" srcset=\"https:\/\/images.mktw.net\/im-268078?width=140&amp;size=1.7777777777777777 140w,\nhttps:\/\/images.mktw.net\/im-268078?width=540&amp;size=1.7777777777777777 540w,\nhttps:\/\/images.mktw.net\/im-268078?width=620&amp;size=1.7777777777777777 620w,\nhttps:\/\/images.mktw.net\/im-268078?width=700&amp;size=1.7777777777777777 700w,\nhttps:\/\/images.mktw.net\/im-268078?width=860&amp;size=1.7777777777777777 860w,\nhttps:\/\/images.mktw.net\/im-268078?width=1260&amp;size=1.7777777777777777 1260w\" sizes=\"(max-width: 140px) 100px,\n(max-width: 540px) 500px,\n(max-width: 620px) 580px,\n(max-width: 700px) 660px,\n(max-width: 860px) 820px,\n1260px\" src=\"https:\/\/images.mktw.net\/im-268078?width=620&amp;size=1.7777777777777777\" data-enlarge=\"https:\/\/images.mktw.net\/im-268078?width=1260&amp;size=1.7777777777777777\" alt=\"\" title=\"DocuSign enables people and businesses to collect electronic signatures on documents. \"><\/div><figcaption class=\"wsj-article-caption article__inset__image__caption\" itemprop=\"caption\">\n<h4 class=\"wsj-article-caption-content\"><span class=\"ez-toc-section\" id=\"DocuSign_enables_people_and_businesses_to_collect_electronic_signatures_on_documents\"><\/span>DocuSign enables people and businesses to collect electronic signatures on documents. <span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>      <span class=\"wsj-article-credit article__inset__image__caption__credit\" itemprop=\"creator\"><br \/>\n            DocuSign<br \/>\n          <\/span><br \/>\n  <\/figcaption><\/figure>\n<\/div>\n<p>       DocuSign Inc.\u2019s chief executive made the case Thursday that the company\u2019s stock is more than just a work-from-home name, as the maker of <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> that facilitates digital contracts exceeded earnings expectations once again.<\/p>\n<p> Chief Executive Dan Springer told MarketWatch that he expects the trends driving DocuSign\u2019s<br \/>\n        DOCU,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205992027\/composite\" class=\"positive\">+6.11%<\/bg-quote><br \/>\n       strong momentum this year to be long-lasting as customers find that the process of building contracts electronically offers broad benefits in terms of cost and efficiency.<\/p>\n<div class=\"paywall\">\n       DocuSign\u2019s revenue for the fiscal third quarter climbed to $382.9 million from $250 million, while analysts tracked by FactSet were expecting $361 million. Billings for the period increased to $440.4 million from $269.4 million. The FactSet consensus was for $386.6 million. <\/p>\n<p>Shares were up about 3% in after-hours trading Thursday. <\/p>\n<p>Beyond electronic signatures, DocuSign offers more expansive services for contract management, including products that help businesses analyze trends across volumes of past agreements. Springer said that this part of the business saw accelerating growth earlier in the year, but some businesses put these sorts of projects on hold because they worried about taking on complex projects in the midst of the pandemic. Now this part of the business is bouncing back, according to Springer, as companies are better adjusted to the current reality.<\/p>\n<p>Springer argued that the company is fighting against paper, not other e-signature providers, and that the market is less than 10% penetrated.<\/p>\n<p><strong>Also:<\/strong>  Marvell stock slips as earnings meet Street expectations <\/p>\n<p>DocuSign acquired Liveoak in July in an attempt to bolster its notary offerings, with more states now allowing remote notary services. DocuSign is initially focusing on first-party notary services, for businesses like banks that have their own in-house notaries that they use when customers are signing agreements. Springer said the company also sees opportunities with third-party notary services, like mom-and-pop shops, though these might take longer to play out.<\/p>\n<p>He argued that the pandemic could push jurisdictions that don\u2019t currently allow remote notary work to reconsider their policies given safety advantages. \u201cI think in the very near future there will be near ubiquitous coverage across the country,\u201d he said.  <\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>DocuSign reported a fiscal third-quarter net loss of $58.5 million, or 31 cents a share, compared with a loss of $46.6 million, or 26 cents a share, in the year-earlier quarter. On an adjusted basis, DocuSign earned 22 cents a share, up from 11 cents a share a year prior and ahead of the FactSet consensus, which called for 13 cents a share. <\/p>\n<p><strong>Read: ServiceNow is emerging as a cloud-software superpower<\/strong><\/p>\n<p>For the January quarter, DocuSign expects revenue of $404 million to $408 million, while the FactSet consensus was calling for $387 million. The company also anticipates billings of $512 million to $522 million, ahead of the FactSet consensus of $503.9 million.<\/p>\n<p><strong>Don\u2019t miss: Zoom sales are booming but margins are shrinking<\/strong><\/p>\n<p>Shares of DocuSign have gained more than 200% so far this year as the S&amp;P 500<br \/>\n        SPX,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210599714\/realtime\" class=\"negative\">-0.06%<\/bg-quote><br \/>\n       has risen 13%.  <\/p><\/div>\n<\/div><\/div>\n<p><\/p>\n<div class=\"byline article__byline\">\n<p>      <span>By<\/span><\/p>\n<div class=\"author  hasMenu\" data-scrim='{\"type\":\"author\",\"header\":\"Emily Bary\",\"subhead\":\"The Wall Street Journal\",\"list\":[]}' itemscope itemprop=\"author\" itemtype=\"http:\/\/schema.org\/Person\">\n<h4 itemprop=\"name\"><span class=\"ez-toc-section\" id=\"Emily_Bary\"><\/span><a rel=\"nofollow noopener noreferrer\" target=\"_blank\" href=\"https:\/\/marketwatch.com\/author\/emily-bary?mod=MW_author_byline\">Emily Bary<\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/p><\/div>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener noreferrer\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"http:\/\/www.marketwatch.com\/news\/story.asp?guid=%7B21005575-02D4-D4B5-4572-D1593247292E%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener noreferrer\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# DocuSign stock gains after upbeat earnings &#8221; Company tops expectations as digital wave continues during COVID-19 crisis DocuSign enables people and businesses to collect electronic signatures on documents. DocuSign DocuSign Inc.\u2019s chief executive made the case Thursday that the company\u2019s stock is more than just a work-from-home name, as the maker of technology that&#8230;<\/p>\n","protected":false},"author":1,"featured_media":125890,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[],"class_list":["post-125889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/125889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=125889"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/125889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/125890"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=125889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=125889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=125889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}