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) will release its second quarter fiscal 2022 results on September 2, 2021, after market close. A conference call will occur at 1:30 p.m. PT (4:30 p.m. ET) to discuss the financial results. The event will be available via a live webcast on the DocuSign Investor Relations website. For those unable to attend, a replay will be available until September 16, 2021, using the passcode 13722420.
DocuSign reported a strong fiscal Q1 2021 with total revenue of $469.1 million, representing a 58% year-over-year growth. Subscription revenue rose by 61% to $451.9 million. Billings reached $527.4 million, up 54% from last year. The GAAP net loss per share improved to $0.04 compared to $0.26 last year, while non-GAAP net income per diluted share was $0.44, significantly up from $0.12. Guidance for Q2 expects total revenue between $479 and $485 million. Cash reserves stood at $875.8 million.
DocuSign (Nasdaq: DOCU) has announced that CFO Cynthia Gaylor will present at several upcoming investor conferences. The events include the Evercore ISI Inaugural TMT Conference on June 7, 2021, at 1:15 p.m. PT, the Bank of America Securities Global Technology Conference on June 9, 2021, at 12:15 p.m. PT, and the Baird's Global Consumer, Technology and Services Conference on June 10, 2021, at 12:45 p.m. PT. Live webcasts of these presentations will be accessible through the DocuSign Investor Relations website.
DocuSign, listed as DOCU, will release its first quarter fiscal 2022 results on June 3, 2021, post-market close. A conference call to discuss these results is scheduled for 1:30 p.m. PT (4:30 p.m. ET). The call will be available via a live webcast on the DocuSign Investor Relations site. DocuSign supports over 890,000 customers globally, facilitating electronic agreements through its Agreement Cloud.
On May 13, 2021, DocuSign was recognized as a Leader in the 2021 Magic Quadrant for Contract Lifecycle Management by Gartner. This marks the second consecutive year DocuSign has achieved this status, placing highest for 'ability to execute' and gaining recognition for its 'completeness of vision.' The company has significantly invested in the DocuSign Agreement Cloud and enhanced its capabilities with AI and analytics. Gartner notes that Leaders are positioned to impact market direction and have proven business results, indicating DocuSign's strong market presence.
DocuSign (Nasdaq: DOCU) will host its Annual Meeting of Stockholders as a virtual-only event on May 28, 2021, at 8:00 a.m. PT due to the ongoing COVID-19 pandemic. Stockholders can log in starting at 7:45 a.m. PT on the same day via www.virtualshareholdermeeting.com/DOCU2021. Those intending to vote must have their voter control number. Votes can be cast in advance until 11:59 p.m. ET on May 27, 2021. More details are available in supplemental proxy materials filed with the SEC on May 7, 2021.
DocuSign (NASDAQ:DOCU) introduces DocuSign Notary, a remote online notarization solution, enhancing the agreement process for organizations. This service allows notarization via secure audio-visual sessions, increasing speed and cost-efficiency. Announced at the Momentum conference, DocuSign Notary leverages technology from the acquisition of Liveoak Technologies, ensuring secure identity proofing and a detailed audit trail. Available for US customers in supported states, this innovation strengthens DocuSign's position in the electronic signature market.
DocuSign (NASDAQ: DOCU) reported a remarkable fiscal 2021, with total revenue reaching $1.5 billion, a 49% increase year-over-year. The fourth quarter saw revenue of $430.9 million, up 57% year-over-year. Subscription revenue rose 50%, and professional services increased 29%. The company achieved a net retention rate of 123% and strong billings growth of 56%. Despite a GAAP net loss per share of $1.31, non-GAAP net income per diluted share improved significantly to $0.90. Guidance for fiscal 2022 anticipates total revenue between $1.963 and $1.973 billion.
DocuSign (Nasdaq: DOCU) will host its inaugural Analyst Day on March 24, 2021, at 11:00 a.m. PT/2:00 p.m. ET, alongside its customer conference, Momentum. The management team will present on the company's vision, market opportunities, product innovations, and financial outlook, followed by a Q&A session. Interested parties can register for the live webcast at the DocuSign Investor Relations website, with a replay available afterward.
DocuSign serves over 820,000 customers in 180+ countries, enhancing the agreement process through its Agreement Cloud.
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