🌎 DocuSign are down after the report despite a strong quarter.
Strengths of Q3 (October):
Revenue: $818.4 million (+8.4% YoY), above expectations - one of the best quarters in 2 years.
IAM platform: already has 25,000+ clients (up from 10,000 in April).
Why did the stock fall after the report and is there an opportunity here?
Forecast for Q4: revenue is within expectations, but not higher than it was in the last quarter.
Slower billing growth: after strong Q2.
DOCU refuses guidance on billings to smooth out volatility from renewals.
We believe that some decline will continue
Strengths of Q3 (October):
Revenue: $818.4 million (+8.4% YoY), above expectations - one of the best quarters in 2 years.
IAM platform: already has 25,000+ clients (up from 10,000 in April).
Why did the stock fall after the report and is there an opportunity here?
Forecast for Q4: revenue is within expectations, but not higher than it was in the last quarter.
Slower billing growth: after strong Q2.
DOCU refuses guidance on billings to smooth out volatility from renewals.
We believe that some decline will continue
📌 TradingView Ideas (Summary)
📊 Full Analysis → 🌐 t.me/A3MInvestments
📊 Full Analysis → 🌐 t.me/A3MInvestments
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
📌 TradingView Ideas (Summary)
📊 Full Analysis → 🌐 t.me/A3MInvestments
📊 Full Analysis → 🌐 t.me/A3MInvestments
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.