Key Takeaways
- Docusign's first-quarter revenue only slightly beat analysts' forecasts, and its billings guidance raised concerns about future growth.
- The document-signing software provider's revenue was just 0.3% above analysts' consensus estimate.
- Shares declined even as Docusign boosted its stock buyback plan.
Docusign (DOCU) shares fell Friday, a day after the p꧋rovider of document-signing software only slightly beat revenue estimates and its billing guidance raised concerns about growth.
The company posted first-quarter fiscal 2025 adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) of $0.82, with revenue increasing 7.3% year-over-year to $709.6 million. Both exceeded forecasts, but the reveꦜnue beat was just 0.3% above the average of analysts ꧂compiled by Visible Alpha.
Billings were up 5.2% to $709𒈔.5 million. For the current quart🍎er, Docusign sees billings in a range of $715.0 million to $725.0 million, and between $2.98 billion and $3.03 billion for the 2025 fiscal year.
澳洲幸运5开奖号码历史查询:Chief Executive Officer (CEO) Allan Thygesen said the company "continued to stabilize the business and improve profitability” in the first quarter. He added that the company took an “important step forward as we re-imagine Docusign.”
Docusign CF💫O Sees Lowest ಌBookings Growth Rate of Year in Q2
CFO ꧒Blake Grayson added that the company anticipates the second quarter will have the lowest year-over-yeaꦰr bookings growth rate in fiscal 2025, “primarily given comparisons vs. last year’s strong on-time renewal performance and the timing impacts of various customer contracts.”
Docusign also announced the board approved a $1 billion increase in the company's 澳洲幸运5开奖号码历史查询:share repurchase program.
Shares of Docusign, which fell 5% to $51.88 as of 11:05 a.m. ET Friday, have lost about 13% of their value this year.