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DocuSign Analysts Cut Their Forecasts After Q1 Results

DocuSign, Inc. (NASDAQ:DOCU) reported better-than-expected earnings for its first quarter and the company’s board also authorized a $1 billion increase to its existing stock repurchase program on Thursday. DocuSign’s first-quarter revenue increased 7% year-over-year to $709.6 million, beating the consensus estimate of $707.133 million, according to Benzinga Pro. The agreement cloud company reported first-quarter adjusted earnings of 82 cents per share, beating analyst estimates of 79 cents per share. "Docusign is off to a strong start in fiscal 2025. We launched a significant expansion to our company strategy with our announcement of the Docusign Intelligent ...