Story
DocuSign Stock Rises on Q2 Earnings Beat and Upgraded Full-Year Guidance
Shares of DocuSign (NASDAQ: DOCU) gained in pre-market trading after the electronic signature provider reported fiscal second-quarter results that surpassed analyst expectations and raised its financial guidance for the full year.
Second-Quarter Earnings Beat
DocuSign announced revenue of $875.7 million for its fiscal 2027 second quarter, marking a 9.4% increase compared to the same period last year. The figure came in ahead of market forecasts.
The company's adjusted earnings per share (EPS) for the quarter was $1.16. This result exceeded the consensus analyst estimate of $1.09 per share.
Raised Annual Guidance
Following the strong quarterly performance, DocuSign lifted its outlook for the full fiscal year, signaling confidence in its continued business momentum.
Ad- Full-Year Revenue: The company now projects revenue to be between $3.5 billion and $3.51 billion, an increase from its prior forecast of $3.49 billion to $3.5 billion.
- Adjusted Operating Margin: The guidance for adjusted operating margin was raised to a range of 31% to 31.5%, up from the previous range of 30.5% to 31%.
AI-Driven Momentum
In a statement accompanying the results, CEO Allan Thygesen attributed the upgraded forecast to the impact of artificial intelligence. Thygesen said, "DocuSign is raising its业绩预期 (performance expectations) because AI is accelerating growth momentum across the business."
Reflecting investor optimism, the company's stock rose approximately 3% to $67.95 per share in pre-market trading following the announcement.
Read next
More on Stocks
FTC Orders Walmart, Uber, Delta to Disclose Data on Personalized Pricing
The U.S. Federal Trade Commission is demanding nine major companies, including leading retail, travel, and gig economy firms, to provide information on how they use consumer data for setting individual prices and wages.
Google Launches Gemini 4 Carbon AI Model to Bolster Cybersecurity Capabilities
Alphabet's Google has unveiled Gemini 4 Carbon, its latest AI model specifically designed for advanced cybersecurity tasks like vulnerability detection and secure code generation. The launch escalates competition with rivals OpenAI and Anthropic in the enterprise AI market.
Oracle Shares Surge After Unveiling $225 Billion Revenue Target for 2030
Oracle stock rose sharply after the company presented a long-term financial outlook targeting at least $225 billion in annual revenue by fiscal 2030, driven by its expanding AI infrastructure business.
DOJ Scrutinizes Nvidia's $12.9B Hugging Face Deal Amid Broader Antitrust Probe, Sources Say
The U.S. Department of Justice is reportedly examining Nvidia's planned $12.93 billion acquisition of AI platform Hugging Face as part of a wider, ongoing antitrust investigation into the chipmaker's market conduct.