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DocuSign Earnings: Revenue Soars

TheMotleyFool

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DocuSign (NASDAQ: DOCU) is seeing some significant momentum. The e-signature and electronic document company's fiscal second-quarter results show a second quarter in a row of accelerating revenue growth. In addition, management boosted its outlook for the full year.

The quarter's strong performance was fueled by a big uptick in new customers as the company capitalizes on its leadership position in the e-signature market and sees broader adoption of its Agreement Cloud offering, or a service that digitizes and streamlines the preparation, signing, and managing of contracts.

DocuSign's e-signature product. Image source: DocuSign.

Source Fool.com

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