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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%.

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


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Financial results announcement

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

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Q1 2022 financial highlights

Financial outlook

For Q2 2022 company is expecting

For FY 2022 company is expecting

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.

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.

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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.

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