FMP
Jun 7, 2024 5:00 PM - Davit Kirakosyan
DocuSign (NASDAQ:DOCU) reported strong fiscal first-quarter results on Thursday, surpassing Wall Street expectations. The software company also announced a $1 billion increase to its existing stock buyback program. Despite these positive developments, the company’s shares fell 10% intra-day today.
For the first quarter, DocuSign reported an adjusted earnings per share (EPS) of $0.82 on revenue of $709.6 million, beating the Street estimates of $0.79 EPS and $707.3 million in revenue.
Looking forward to the second quarter, the company forecasts revenue between $725 million and $729 million, aligning with analyst expectations of $727.2 million.
For the full fiscal year, DocuSign expects revenue to range from $2.92 billion to $2.93 billion, with billings anticipated to be between $2.98 billion and $3.03 billion.
Jan 16, 2024 4:18 PM - Samuel Abdelshahid
In the hustle and bustle of the trading world, having a trustworthy laptop is like having a reliable partner by your side. Making well-informed decisions and staying ahead of market trends become second nature with the right device. However, the quest for a budget-friendly trading laptop t...
Jan 21, 2024 4:00 AM - Parth Sanghvi
Introduction: In the world of financial analysis, a profound grasp of essential profitability metrics is vital. This blog delves into three pivotal metrics—ROE (Return on Equity), ROA (Return on Assets), and Net Profit Margin—offering clear insights without unnecessary complexity. Exploring RO...
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...