DocuSign delivered a fair result with third quarter as revenue increased 42% year over year to $545 million and the operating margin reached 22%, exceeding the company's guidance. However, they fell short of their billing guidance, with a year-over-year increase of 28% and have heavily disappointed the market. The biggest disappointment came in the form of a very weak fourth-quarter revenue guidance and an expectation for slowing growth in revenues and billions. This led to a huge crash in the c ....
15 Dec 2021
DocuSign: Not The Same Hypergrowth Story Anymore (12/2021)
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DocuSign: Not The Same Hypergrowth Story Anymore (12/2021)
DocuSign, Inc. (DOCU:NAS), 0 | DocuSign Inc Shs Unsponsored Brazilian Depository Receipt Repr 0.05 Sh (D1OC34:BSP), 0
- Published:
15 Dec 2021 -
Author:
Ishan Majumdar -
Pages:
14
DocuSign delivered a fair result with third quarter as revenue increased 42% year over year to $545 million and the operating margin reached 22%, exceeding the company's guidance. However, they fell short of their billing guidance, with a year-over-year increase of 28% and have heavily disappointed the market. The biggest disappointment came in the form of a very weak fourth-quarter revenue guidance and an expectation for slowing growth in revenues and billions. This led to a huge crash in the c ....