From CNBC: 2025-03-14 10:11:48

Docusign stock surged over 14% following an earnings report that beat expectations. CEO Allan Thygesen highlighted stabilization and efficiency improvements in the core business. In Q4 FY2025, earnings per share were 86 cents vs. 85 cents expected, with revenue at $776 million vs. $761 million estimated.

The earnings beat was attributed to Docusign IAM, an AI-enabled platform for agreement processes. Thygesen expects IAM to contribute low double digits to business growth by Q4 FY2026. Docusign is collaborating with Microsoft and Google, seeing them as partners, not competitors in agreement management.

Despite market uncertainties, Docusign reported a 9% year-over-year increase in subscription revenue to $757 million. The company projects Q1 revenue between $745 million and $749 million, with full-year revenue between $3.129 billion and $3.141 billion. Net income for Q4 was $83.50 million, up from $27.24 million a year earlier.

Since going public in 2018, Docusign’s stock price skyrocketed during the pandemic but has since dropped. CEO Thygesen, who came on board in 2022, aims to leverage electronic signature demand. The stock is currently down over 16% year-to-date.



Read more at CNBC:: Shares of DocuSign surge 14% on strong earnings, AI boost