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Why DocuSign Stock Is Soaring Higher Today

TheMotleyFool

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Why DocuSign Stock Is Soaring Higher Today: https://g.foolcdn.com/editorial/images/712472/gettyimages-1196078287.jpg

Shares of DocuSign (NASDAQ: DOCU), an electronic signature company, were skyrocketing this morning after the company beat Wall Street's top- and bottom-line estimates in the third quarter.

As a result, the tech stock was up by an impressive 14.4% as of 10:38 a.m. ET.

DocuSign reported non-GAAP (adjusted) earnings of $0.57 in the quarter, which was down only slightly from $0.58 in the year-ago quarter but was far ahead of analysts' consensus estimate of $0.42 per share.

Source Fool.com

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