1 Green Flag for DocuSign in 2022, and 1 Red Flag

DocuSign's (NASDAQ: DOCU) stock price has been cut in half over the past two months. Most of that decline occurred in early December when the e-signature-services leader followed up a solid third-quarter earnings report with mixed guidance for the fourth quarter.

DocuSign expects its revenue to rise 29%-31% year over year in the fourth quarter of fiscal 2022, which represents a slowdown from its 49% growth in the first nine months of the year. Analysts had expected 34% growth.

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Source Fool.com