Key Takeaways
- DocuSign shares jumped Friday after the technology company reported better fourth-quarter earnings than analysts had expected.
- Revenue and adjusted earnings per share each rose from the same time last year.
- The electronic signature software maker said it is seeing “rapid traction with customers” for its new AI-powered contract management platform.
Shares of DocuSign (DOCU) surged Friday morning after the electronic signature company topped analysts’ estimates for the final quarter of fiscal 2025.
On Thursday, DocuSign reported adjusted earnings per share of $0.86, a cent better than expectations, on $776.25 million in revenue, about $15 million above the analyst consensus compiled by Visible Alpha. In the same quarter a year ago, DocuSign recorded adjusted EPS of $0.76 on revenue of $712.39 million.
CEO Allan Thygesen said the company is seeing “rapid traction with customers” with its artificial-intelligence powered Intelligent Agreement Management platform it launched last year. DocuSign announced the product last April, saying it would help customers save time and money by creating, organizing, and analyzing contracts more efficiently.
DocuSign forecasted first-quarter revenue of $745 million to $749 million and full-year revenue of $3.13 billion to $3.14 billion, each below the analyst consensus. However, the company’s projected billings revenue of $741 million to $751 million for the first quarter and $3.3 billion to $3.35 billion for the full year were each in line or better than estimates.
Shares of the technology company were up more than 15% Friday morning and have gained around 50% over the last 12 months.
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