Docusign Inc. (DOCU) PT Lowered to $38 at Wolfe Research
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DocuSign (DOCU) stable quarter prompts upgrade, analyst praise
December 9, 2022 9:05 AM ESTShares of DocuSign Inc. (NASDAQ: DOCU) rose 10% in pre-open trading after posting a solid beat in its third quarter and issuing revenue guidance that was in-line with the Wall Street consensus.
Revenue for the e-signature company rose 18% in the quarter for $645.5 million, beating the consensus of $627 million.
Non-GAAP net income per diluted share was $0.57, beating the consensus of $0.42.
For the current quarter,... More
