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Stock impact report

Unpacking Q4 Earnings: DocuSign (NASDAQ:DOCU) In The Context Of Other Productivity Software Stocks [Yahoo! Finance]

DocuSign, Inc. (DOCU) 
Last docusign, inc. earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Rising employee costs and the shift to more remote work has increased the ever-present pressure to improve corporate productivity, which in turn has driven rising demand for productivity software that enables remote work, streamline project management and automate business tasks. The 17 productivity software stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 1.3% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 10.7% since the latest earnings results. Founded by Seattle-based entrepreneur Tom Gonser, DocuSign (NASDAQ:DOCU) is the pioneer of e-signature and offers software as a service that allows people and organisations to sign legally binding documents electronically. DocuSign reported revenues of $776.3 million, up 9% year on year. This print exceeded analysts' expectations by 1.9%. Overall, it was a satisfactory quarter for the Show less Read more
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