{"id":200214,"date":"2021-03-12T04:50:00","date_gmt":"2021-03-12T01:50:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/docusign-beats-on-earnings-but-stock-falls\/"},"modified":"2021-03-12T04:50:00","modified_gmt":"2021-03-12T01:50:00","slug":"docusign-beats-on-earnings-but-stock-falls","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/docusign-beats-on-earnings-but-stock-falls\/","title":{"rendered":"#\n  DocuSign beats on earnings but stock falls"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 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-6a261cd55f1b9\" 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-6a261cd55f1b9\" 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-beats-on-earnings-but-stock-falls\/#Companys_revenue_outlook_for_the_full_fiscal_year_tops_expectations\" >Company\u2019s revenue outlook for the full fiscal year tops expectations<\/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-beats-on-earnings-but-stock-falls\/#Emily_Bary\" >Emily Bary<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#<br \/>\n  DocuSign beats on earnings but stock falls<br \/>\n<\/strong>&#8221;<\/p>\n<h2 class=\"article__subhead\" itemprop=\"alternativeHeadline\"><span class=\"ez-toc-section\" id=\"Companys_revenue_outlook_for_the_full_fiscal_year_tops_expectations\"><\/span>\n  Company\u2019s revenue outlook for the full fiscal year tops expectations<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-0000196839\">\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<p>       DocuSign Inc. topped revenue and earnings expectations for its latest quarter while delivering a better-than-expected outlook on those metrics, but shares of the electronic-signature company slipped in late trading Thursday. <\/p>\n<p> The company reported a fiscal fourth-quarter net loss of $72.4 million, or 38 cents a share, whereas it posted a net loss of $47.4 million, or 26 cents a share, a year earlier. After adjusting for stock-based compensation and other expenses, DocuSign<br \/>\n        DOCU,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205992027\/composite\" class=\"positive\">+5.90%<\/bg-quote><br \/>\n       earned 37 cents a share, up from 12 cents a share a year prior. Analysts tracked by FactSet were projecting 22 cents a share. <\/p>\n<div class=\"paywall\">\n       Revenue for the quarter rose to $410 million from $258 million, while analysts were expecting $408 million.<\/p>\n<p>DocuSign has been a big winner during the pandemic, with its stock up 200% over the past year as more workplaces flocked to the company\u2019s software for obtaining digital signatures and conducting other types of contract management in a world in which more business is being done remotely.<em> <\/em><\/p>\n<p>Chief Financial Officer Cynthia Gaylor told MarketWatch that the company \u201cis really well positioned across the secular trends that we\u2019re seeing\u201d around the digitization and automation of agreements.<\/p>\n<p>DocuSign shares were off 3.9% in after-hours trading Thursday, after rising 5.9% in the regular session. <\/p>\n<p>\u201cThe big question now for DocuSign is to what extent a return to more normal working places and patterns could dent their growth,\u201d wrote Scott\u00a0Kessler, the global sector lead for <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a>, <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a> and telecommunications at Third Bridge. <\/p>\n<p>The company\u2019s billings outlook for the current quarter implies 35% growth, he said, which would be a sequential deceleration from the most recent quarter,  when DocuSign\u2019s billings rose 46%. <\/p>\n<p>Also for the current quarter, DocuSign forecasts $432 million to $436 million in revenue, whereas analysts were looking for $419 million. <\/p>\n<p>Looking ahead to the full fiscal year that ends next January, DocuSign expects revenue of $1.963 billion to $1.973 billion. Analysts were modeling $1.89 billion.<\/p>\n<div id=\"cx-membership-tile\"><\/div>\n<p>Gaylor said that DocuSign\u2019s business grew nearly 50% in fiscal 2020, arguing that the company\u2019s guidance \u201cis quite solid and impressive given how large the business has become in a fairly short period of time.\u201d <\/p>\n<p>She sees DocuSign as being still early in its quest to penetrate what the company deems a $50 billion addressable market, with half of that coming from e-signatures and the other half representing efforts to help customers more efficiently manage contracts. While the company faces some competition from other document-software players, she argued that the company has the most comprehensive solution in a market where \u201cthe biggest competition is pen and paper.\u201d <\/p>\n<p>Gaylor expects DocuSign to continue seeing benefits even as the economy reopens. DocuSign is working on a remote-notary product, which represents \u201ca great example of people not returning to the way things were if they could do it online,\u201d she said. The company is also focused on getting customers who\u2019ve tried the e-signature product to add other DocuSign solutions, such as risk assessment and analytics. <\/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\" 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\">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\">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-D300E78EDA96%7D&#038;siteid=rss&#038;rss=1\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# DocuSign beats on earnings but stock falls &#8221; Company\u2019s revenue outlook for the full fiscal year tops expectations DocuSign Inc. topped revenue and earnings expectations for its latest quarter while delivering a better-than-expected outlook on those metrics, but shares of the electronic-signature company slipped in late trading Thursday. The company reported a fiscal fourth-quarter&#8230;<\/p>\n","protected":false},"author":1,"featured_media":200215,"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-200214","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\/200214","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=200214"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/200214\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/200215"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=200214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=200214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=200214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}