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Stock impact report

Why DocuSign Management Doesn't See Coronavirus Headwinds in its Business [The Motley Fool]

DocuSign, Inc. (DOCU) 
Last docusign, inc. earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: The Motley Fool
Why DocuSign Management Doesn't See Coronavirus Headwinds in its Business The company posted strong earnings and offered reasons it should withstand the impacts of COVID-19. E-Signature pioneer DocuSign ( NASDAQ:DOCU ) reported its fourth-quarter and full-year 2020 earnings on Thursday, March 12 -- a day on which the stock market dropped by the highest percentage since the 1987 Black Monday crash. Despite the inauspicious timing, DocuSign's management hasn't seen any impacts on its business thus far, though it is still obviously early days. However, even if coronavirus leads to a global recession, DocuSign management still believes it can keep up its impressive growth trajectory. Here's why. DocuSign capped of an impressive fiscal 2020 (its fiscal year ends on Jan. 31), with strong revenue and billings growth along with impressive guidance: Data source: DocuSign earnings presentation and conference call. Guidance calculations by author. While the upcoming year would mark a decele Show less Read more
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