DocuSign: 33% FCF Margins, But Slowing Growth Is A Risk
DocuSign(DOCU) Seeking Alpha·2024-06-18 12:13
Userba011d64_201/iStock via Getty Images DocuSign (NASDAQ:DOCU) reported better than expected first fiscal quarter results, which were released on June 6, 2024. The e-Signature leader reported slowing top-line growth, which was expected, and also revealed persistent risks to its dollar net retention rate, a key performance metric for software companies. Although DocuSign is facing challenges in terms of customer monetization, I believe the e-Signature company could be an attractive investment due to its str ...