Home Top Movers Docusign Inc (DOCU) stock performed well in the after-hours on Thursday after...

Docusign Inc (DOCU) stock performed well in the after-hours on Thursday after the recent announcement

DocuSign Inc. (DOCU) shares started the Thursday, June 3, 2021 trading by losing 2.88% in the normal trading session but in the after-market session DOCU stock gained 5.57% and close the day at $194.75 per share. DOCU shares have risen 32.08% over the last 12 months, and they have moved down 1.32% in the past week. Over the past three months, the stock has lost 7.53%, while over the past six months, it has shed 9.72%.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Let’s see what’s going on with DOCU stock recently?

5 Stocks Under $10 That Are Poised to Take Off

Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck.

Add them to your watchlist before they take off!

Get the Top 5 Stocks Now!

Sponsored

Financial results announcement

On June 3, 2021, DocuSign, Inc released its results for its fiscal quarter ended April 30, 2021.

  Read More

Q1 2022 financial highlights

  • DocuSign earned revenue of $469.1 million in Q1 2022 compared to $297 million in Q1 2022
  • InQ1 2022 GAAP gross margin was 78% compared to 75% in Q1 2021.
  • Net loss was $8.35 million in Q1 2022 compared to $47.8 million inQ1 2021.
  • GAAP net loss per basic and diluted share was $0.04in Q1 2022 compared to $0.26 in the same period last year.
  • Non-GAAP net income per diluted share was $0.44in Q1 2022 compared to $0.12 in Q1 2021.
  • Total operating expenses were $374.56 million in Q1 2022 compared to $264.84 million in Q1 2021.
  • In Q1 2022, free cash flow was $123.0 million compared to $32.8 million in Q1 2021.
  • On April 30, 2021, DocuSign had cash, cash equivalents, restricted cash and investments totalled $875.8 million. 

Financial outlook

For Q2 2022 company is expecting

  • Revenue to be between $479 million to $489 million.

For FY 2022 company is expecting

  • Revenue to be between $2.027 billion to $2.039 billion.

Participation in the upcoming investor conferences

On May 20, 2021, DocuSign, Inc announced to participate in upcoming investor conferences which are scheduled for June 2021.

  • DocuSign, Inc will participate in a fireside chat at Evercore ISI Inaugural TMT Conference, on Monday, June 7, 2021, at 1:15 p.m. PT / 4:15 p.m. ET.
  • The company will doa fireside chat at the Bank of America Securities 2021 Global Technology Conference, on Wednesday, June 9, 2021, at 12:15 p.m. PT / 3:15 p.m. ET.
  • The company will also participate in a fireside chat at Baird’s 2021 Global Consumer, Technology, and Services Conference, on Thursday, June 10, 2021, at 12:45 p.m. PT / 3:45 p.m. ET.

New Chief Information Officer

On May 26, 2021, DOCU appointed former Cisco CSCO SVP and chief data officer Shanthi Iyer as its chief information officer. She will report to COO Scott Olrich.

Shanthi Iyer has 20 years of experience in a multitude of technology leadership roles at Cisco.

Get the hottest stocks to trade every day before the market opens 100% ‎free. Click here now. 

Conclusion

The DOCU stock surged after much improved financial results were announced by the company yesterday which beat the revenue estimates. We can expect DOCU stock to surge more on the last day of the week too.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

Aprea Therapeutics Inc. (APRE) stock soars during current market trading. What’s the update?

Aprea Therapeutics Inc. (NASDAQ: APRE) stock gained by 41.03% at the last check in the current market trading. Aprea Therapeutics is a pharmaceutical business...

Roblox Corp. (NASDAQ: RBLX) stock falls during pre-market trading session. What’s happening?

Roblox Corp. (NASDAQ: RBLX) stock gained by 2.28% at last close while the RBLX stock price declines by 8.13% in the pre-market trading session....

Can-Fite BioPharma Inc. (CANF) stock soars during current market. Why so?

Can-Fite BioPharma Inc. (NASDAQ: CANF) stock gained by 4.42% in the current market trading session. Can-Fite BioPharma Ltd. is a medication research company in...

UXIN stock surges during current market. Here’s to know why?

Uxin Ltd. (NASDAQ: UXIN) stock gains by 14.67% at last check during current market trading. In China, Uxin Limited is a prominent online used...

Opgen Inc. (OPGN) stock surged during pre-market session. What’s driving it high?

Opgen Inc. (NASDAQ: OPGN) stock declined by 1.84% at the last close whereas the OPGN stock price gains by 22.07% in the pre-market trading...

Aprea Therapeutics Inc. (APRE) stock soars during current market trading. What’s the update?

Aprea Therapeutics Inc. (NASDAQ: APRE) stock gained by 41.03% at the last check in the current market trading. Aprea Therapeutics is a pharmaceutical business...

TAL Education Group (TAL) stock is tumbling today: What’s Going on?

Shares of the TAL Education Group (TAL) stock were tumbling in the current market trading session today on June 16, 2021, without any obvious...

SPI Energy Inc. (SPI) stock surged in the current market trading. Here’s the update

SPI Energy Inc. (NASDAQ: SPI) stock soars by 15.42% during the current market trading session. SPI Energy is an international renewable energy company that...

Related News

Applied UV, Inc. (AUVI) stock is Popping High today: Here’s to know why

Applied UV, Inc. (AUVI) stock announced today that its SteriLumen Lumicide™ Ribbon which is its proprietary connected UVC disinfection platform for surface disinfection can...

TAL Education Group (TAL) stock is tumbling today: What’s Going on?

Shares of the TAL Education Group (TAL) stock were tumbling in the current market trading session today on June 16, 2021, without any obvious...

Why Kindred Biosciences, Inc. (KIN) stock is soaring today?

Shares of the Kindred Biosciences, Inc. (KIN) stock continuing the rising trend in pre-market today on June 16, 2021, following the announcement of the...

Ampio Pharmaceuticals Inc. (AMPE) stock fell during pre-market trading. Here’s to know why?

Ampio Pharmaceuticals Inc. (NASDAQ: AMPE) stock gained by 4.71% at last close whereas the AMPE stock price declines by 2.65% in the pre-market trading...

Aptinyx Inc. (APTX) stock fell during after-hour. Here’s to know why?

Aptinyx Inc. (NASDAQ: APTX) stock declined by 0.29% at last close while the APTX stock price has been observed falling more during the after-hour...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get Notified Of Insider Trades, Analyst Upgrades & Downgrades, Earnings Updates & Best Stocks To Trade Every Single Morning

100% free. stop anytime no spam