DocuSign: Questions Around Growth Remain
Here's our initial take on 's (NASDAQ: DOCU) financial report.
There was a lot to like about DocuSign's latest quarter. Revenue and adjusted earnings per share were up 8% and 10%, respectively, topping Wall Street expectations. GAAP (generally accepted accounting principles) gross margin came in at 79.4%, up 5 basis points from a year ago, and the company posted solid free cash flow of $227.8 million.
DocuSign also surpassed the 10,000 Intelligent Agreement Management customer threshold during the period.
Source Fool.com
DocuSign Inc. Stock
€39.70
4.350%
Our community is currently high on DocuSign Inc. with 8 Buy predictions and 3 Sell predictions.
Based on the current price of 39.7 € the target price of 85 € shows a potential of 114.11% for DocuSign Inc. which would more than double the current price.
