🌎 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
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
📌 TradingView Ideas (Summary)
📊 Full Analysis → 🌐 t.me/A3MInvestments
📊 Full Analysis → 🌐 t.me/A3MInvestments
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.