DocuSign, Inc. ($DOCU) Earnings (Q4 FY22)

 DocuSign, Inc. ($DOCU) Earnings and Opinion:


DocuSign, Inc. ($DOCU) is a company in the Technology sector and operates in the Software-Application industry. The company provides cloud based software in the United States and Internationally. DocuSign, Inc. was incorporated in 2003 and is currently headquartered in San Francisco, California. The company was first publicly traded on the stock market in 2018. 

DocuSign, Inc. EPS and Revenue (Q4 FY22):

  • EPS (Non-GAAP) of $0.48 equivalent to expectations of $0.48
  • Revenue of $580.8M beating expectations of $561M
  • EPS was up 29.7% (YOY) and Revenue was up 35% (YOY)
DocuSign, Inc. EPS and Revenue (FY22):
  • EPS (Non-GAAP) of $1.98
  • Revenue of $2.1B
  • EPS was up 120% (YOY) and Revenue was up 45% (YOY)
DocuSign, Inc. Guidance (FY23):
  • Total Revenue of $2.47B
  • Non-GAAP gross margin of 79-81%
  • Non-GAAP operating margin 16-18%
Opinion:
DocuSign, Inc. is currently trading lower in todays session after reporting earnings yesterday. DocuSign, Inc. didn't even miss expectations for earnings, but they reported a lower outlook for the next fiscal year. This caused investors to get a little skeptical and led to a major sell off of the stock. DocuSign isn't even too bad of a company and looks to continue growing revenue. Personally, I own this stock and this is one of my favorite holdings. DocuSign was a stock that popped off in the pandemic. Since its offering of electronic signatures, a lot of companies opted to implement this in their business because the pandemic caused a lot of things to go online. This business model has since become very popular and will stay popular in years to come. This is why I love this company, and it is also one of the biggest companies to offer this type of business. With the stock way off of its all-time highs, I think the buying opportunity is better than ever. I think a lot of upside lies with this company, but it will be the patient game that rewards investors. Some shakeups over the past year has caused the company to plummet a little bit, as well as the tech sell-off that has been going on since the beginning of the year. Look for the company to rebound and retention rates to stay high, this will ultimately grow revenue over expectations, this will cause the stock to skyrocket and get back to higher price levels.

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