DocuSign's New Strategy Looks Just Like Its Old Strategy
DOCUDocuSign(DOCU) The Motley Fool·2024-06-09 18:50

The company's push into agreement management is nothing new. DocuSign (DOCU -4.67%) was one of the best-positioned companies to benefit from the pandemic. The company's e-signature platform boomed as industries that had resisted the technology had little choice but to adopt it. Its revenue soared 49% in fiscal 2021 and 45% in fiscal 2022. A combination of the waning of the pandemic and increased e-signature competition has since put a chill on DocuSign's growth rate. Revenue rose by 7% year over year in the ...