Why DocuSign Stock Dropped Today
DOCUDocuSign(DOCU) The Motley Fool·2024-06-07 23:33

It technically beat expectations, but it didn't give investors much to look forward to.Shares of software company DocuSign (DOCU -4.91%) dropped on Friday after the business reported financial results for its fiscal first quarter of 2025. As of 9:45 a.m. ET today, DocuSign stock was down about 8%, after being down almost 11% earlier in the day.A beat, but not much of a raiseIn the first quarter (which ended in April), DocuSign actually beat its guidance by generating revenue of $710 million. That was up 7% ...