After Crushing Results, Is It Time to Buy This Bargain-Bin Tech Stock?
DocuSign(DOCU) The Motley Fool·2024-09-13 19:30
Why DocuSign could be poised to rally. DocuSign (DOCU 2.13%) shares continue to tread water despite the electronic signature-solutions provider recently reporting better-than-expected second-quarter results. The stock is down about 5% year to date. Let's dive into the company's most recent quarterly results to see if this is a buying opportunity. Solid revenue growth, but bookings guidance disappoints For it fiscal second quarter, DocuSign's revenue jumped 7% year over year to $736 million. Subscription rev ...