DocuSign (DOCU) Reports Q4: Everything You Need To Know Ahead Of Earnings
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DocuSign will announce its earnings results this Tuesday. Last quarter, it reported revenues of $818.4 million, up 8.4% year-on-year, exceeding analysts' expectations. This quarter, revenue growth is expected to slow to 6.7%. Analysts have reaffirmed their estimates, indicating confidence in the company's performance. In the productivity software sector, Box reported a 9.4% revenue growth, while Dropbox saw a decline of 1.1%. DocuSign's stock has risen 3.6% recently, with an average analyst price target of $78.28 compared to its current price of $46.85.
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