Welcome to our dedicated page for DocuSign news (Ticker: DOCU), a resource for investors and traders seeking the latest updates and insights on DocuSign stock.
DocuSign, Inc. (NASDAQ: DOCU) is revolutionizing the way we execute agreements and conduct business globally. Established in 2003 and headquartered in San Francisco, DocuSign offers an industry-leading suite of cloud-based software solutions that empower organizations to automate the agreement process. With its flagship product, eSignature, DocuSign provides the world's #1 way to sign electronically on virtually any device, from almost anywhere, at any time.
More than 1.5 million customers and over a billion users in 180+ countries utilize DocuSign's comprehensive solutions to streamline business processes, reduce paper waste, and enhance productivity. Companies of all sizes and industries leverage DocuSign’s digital transaction management (DTM) platform and Agreement Cloud to accelerate contract cycles, approvals, and workflows.
The company's Agreement Cloud is a broad suite that includes products for generating, managing, and acting on agreements. Recently, DocuSign extended its offering with the introduction of Intelligent Agreement Management (IAM). This innovative platform utilizes AI to transform static documents into actionable data, thereby enhancing contract review, negotiation, and overall agreement management.
DocuSign has demonstrated robust financial performance and continuous innovation. For instance, its fiscal quarter ended October 31, 2023, marked record non-GAAP operating margins and free cash flow, a testament to its efficient operational strategies. The company’s recent acquisition of Lexion for $165 million will integrate advanced AI capabilities, further solidifying DocuSign's leadership in the IAM space.
To stay updated on DocuSign’s latest news, financial results, and product updates, one can follow @docusign on Twitter, Instagram, Snapchat, or Facebook and subscribe to the DocuSign blog. Investors can find detailed financial information and webcasts on the DocuSign Investor Relations website.
For support, visit www.docusign.com/support or call (866) 219-4318.
DocuSign (NASDAQ: DOCU) announced that its Chief Financial Officer, Cynthia Gaylor, will participate in the Morgan Stanley 2023 Silicon Valley Software Bus Tour on April 3, 2023, at 11:30 a.m. PST (2:30 p.m. EST). This event highlights DocuSign’s commitment to connecting and automating agreement systems, serving over 1 million customers across 180 countries. The company is renowned for its eSignature solution, facilitating secure electronic signing from anywhere. For more information, visit docusign.com.
DocuSign (NASDAQ: DOCU) announced the planned departure of CFO Cynthia Gaylor later this year as she transitions to a new opportunity. Gaylor has been with the company since September 2020 and will assist in the search for her successor, led by CEO Allan Thygesen. Her departure is not linked to any disagreements regarding financial statements. The company also published its Q1 FY2024 results today, with a conference call scheduled for 1:30 PM PST.
DocuSign, Inc. (DOCU) reported strong fourth-quarter results for fiscal year 2023, with total revenue reaching $659.6 million, a 14% year-over-year increase. Subscription revenue also rose by 14% to $643.7 million, while billings increased 10% to $739 million. The company's GAAP net income per diluted share improved to $0.02 compared to a loss of $0.15 in the previous year. For fiscal year 2023, total revenue was $2.5 billion, up 19%. Looking ahead, guidance for the first quarter of fiscal year 2024 indicates total revenue between $639 million and $643 million, reflecting continued growth.
DocuSign (NASDAQ: DOCU) has announced the release date for its fourth quarter and full year fiscal 2023 financial results, set for March 9, 2023, after market close. Following the announcement, a conference call will be held at 1:30 p.m. PST (4:30 p.m. EST) to discuss the results. Investors can access a live webcast of the call via the DocuSign Investor Relations website. A replay will be available until midnight (ET) on March 23, 2023. This announcement follows a significant period of growth for DocuSign, which currently serves over a million customers globally.
DocuSign (NASDAQ: DOCU) announced the appointment of Robert Chatwani as President & General Manager, Growth, and Anwar Akram as Chief Operating Officer, aiming to enhance leadership in marketing and operations. Both executives bring significant experience, with Chatwani previously at Atlassian and Akram at Google. Their roles will focus on improving operational efficiency and scaling digital strategies to drive growth. CEO Allan Thygesen emphasized the company's transition beyond e-signature leadership into smarter agreement workflows, underscoring the importance of these appointments in supporting DocuSign's expansion and enhancing customer experiences.
DocuSign, Inc. (NASDAQ: DOCU) announced that CFO Cynthia Gaylor will participate in three upcoming investor events. The events include the Evercore ISI 'Off To A Running Start' Bus Tour on January 4, 2023, the Needham Growth Conference Fireside Chat on January 9, 2023, and the Bank of America New Year Software Bus Tour, also on January 9, 2023. The live webcast for the Needham event will be available on the DocuSign Investor Relations website.
DocuSign reported strong third-quarter results for the fiscal year ending October 31, 2022, with total revenue of $645.5 million, reflecting an 18% increase year-over-year. Subscription revenue reached $624.1 million, also up 18%, while professional services revenue rose 27% to $21.4 million. The company achieved a GAAP gross margin of 80%, slightly up from 79% last year. However, GAAP net loss per share was $0.15, compared to $0.03 loss a year earlier. For the upcoming quarter, DocuSign anticipates total revenue guidance between $637 million and $641 million.
DocuSign (Nasdaq: DOCU) will release its third quarter fiscal 2023 results on December 8, 2022, after market close. Following this, a conference call will be held at 1:30 p.m. PST (4:30 p.m. EST) for discussions on financial performance. Interested parties can access the call via the DocuSign Investor Relations website or by dialing in. The replay will be available until December 22, 2022. As the leading provider of electronic signature solutions, DocuSign serves over a million customers globally.
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