Why DocuSign Stock Popped by Almost 5% Today
DocuSign(DOCU) The Motley Fool·2024-03-09 08:15
Next-generation document verification specialist DocuSign (DOCU 4.50%) recorded convincing beats on both the top and bottom lines for its latest reported quarter. Investors rewarded this feat by pushing the company's share price up by nearly 5% in Friday trading, a rate that vastly overshadowed the S&P 500 index's 0.7% decline.Rises and beats for the fourth quarterFor its fourth quarter of fiscal 2024, DocuSign earned just over $712 million in revenue, representing 8% growth over the same period the previou ...