DocuSign's Q1 Earnings Beat Boosts Shares.
DocuSign reported an earnings and revenue beat for Q1 2024, with revenue jumping 12% YoY to $661 million and subscription revenue increasing by the same percentage to $639 million. The company also announced new products and services, including Webforms, and emphasized its international focus with service in more than 180 countries and 17% international revenue growth YoY. DocuSign expects Q2 revenue of $675 million to $679 million and full-year revenue of $2.71 billion to $2.73 billion. The company also made strategic C-suite hires, including a new CFO, chief product officer, and chief information security officer.