DocuSign (DOCU) Stock: Why It Jumped Up Over 15% Today

By Amit Chowdhry ● Sep 9, 2022
  • The stock price of DocuSign (DOCU) jumped up over 15% pre-market today. This is why.

The stock price of DocuSign (DOCU) jumped up over 15% pre-market today. 

Why: Q2 results

Results: DocuSign reported a Q2 EPS of $0.44, which was $0.02 higher than analyst estimates of $0.42. And the revenue for the quarter was $622.2 million compared to the consensus estimate of $602 million. 

Guidance: DocuSign estimates FY2022 revenue of $2.470 billion to $2.482 billion, compared to the consensus of $2.47 billion. And DocuSign estimates Q3 2022 revenue of $624 to $628 million, compared to the consensus of $625 million.