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Key Takeaways
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Docusign shares jumped nearly 20% Friday after the technology company reported better-than-expected fourth-quarter earnings.
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CEO Allan Thygesen said the company is seeing "rapid traction with customers" for its new AI-powered Intelligent Agreement Management platform it launched last year.
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Shares have gained more than 50% over the last 12 months.
Shares of Docusign (DOCU) surged nearly 20% Friday after the electronic signature company reported better-than-expected fiscal 2025 fourth-quarter earnings.
On Thursday, Docusign reported adjusted earnings per share (EPS) of $0.86 on revenue that rose 9% year-over-year to $776.3 million. Analysts polled by Visible Alpha expected $0.85 and $761.5 million, respectively.
CEO Allan Thygesen said the company is seeing "rapid traction with customers" with its artificial intelligence (AI)-powered Intelligent Agreement Management platform it launched last year. Docusign announced the product last April, saying it would help customers save time and money by creating, organizing, and analyzing contracts more efficiently.
Docusign expects first-quarter revenue of $745 million to $749 million and full-year revenue of $3.13 billion to $3.14 billion, each below the analyst consensus. However, the company's projected billings revenue of $741 million to $751 million for the first quarter and $3.30 billion to $3.35 billion for the full year matched or topped estimates.
Shares of the technology company were up more than 18% Friday and have gained more than 50% over the last 12 months.
UPDATE—This article has been updated with the latest share price information.
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