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DocuSign beats Q2 estimates, raises full-year revenue guidance

The Wall Street Journal +1 ·

DOCU
DOCU DocuSign Inc
$68.41 +3.70%
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  1. 1DocuSign (DOCU) raised its annual revenue guidance after Q2 revenue and profit beat Wall Street estimates.
  2. 2Revenue came in at $875.7 million and adjusted EPS at $1.16, both above estimates, with free cash flow of $295.8 million.
  3. 3AI-powered contract management (IAM) accounted for 15.1% of ARR, and the company raised its ARR growth outlook to 8.5%–9%.

This 3-line summary is compiled from the report below.

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