DocuSign (DOCU) Stock Declines 6.6% Despite Q1 Earnings Beat
DocuSign(DOCU) ZACKS·2024-06-11 23:35
DocuSign, Inc. (DOCU) reported impressive first-quarter fiscal 2025 results, wherein both earnings and revenues beat the Zacks Consensus Estimate. The better-than-expected results, however, failed to impress the market as the stock declined 6.6% since the earnings release on Jun 6.Quarterly EPS of 82 cents per share surpassed the Zacks Consensus Estimate by 3.8% and increased 13.9% from the year-ago fiscal quarter. Total revenues of $709.6 million beat the consensus mark by a slight margin and improved 7.3% ...