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E Signature

All articles tagged with #e signature

finance1 year ago

DocuSign's Workforce Layoffs Amidst Stock Drop and Takeover Talks Stall

DocuSign's stock dropped 8.5% after reports that acquisition talks with private equity firms, Bain Capital and Hellman & Friedman, have stalled due to disagreements over the acquisition price. Despite the setback, DocuSign's market capitalization of nearly $11 billion makes it an attractive acquisition target, and the company's top-line growth has stabilized, with potential for its first-ever full-year net profit. However, with hopes of a lucrative acquisition premium fading, the stock has pulled back, reflecting investor sentiment.

business2 years ago

DocuSign's Stock Soars Amid Reports of Potential Sale

DocuSign, the e-signature company that experienced significant growth during the pandemic, is reportedly considering a sale valued at over $11 billion. Private-equity firms and technology companies are among the potential suitors. DocuSign's stock surged over 11% following the news, but the company has struggled to maintain its earlier growth rates as offices resume in-person activity.

business2 years ago

DocuSign's Q3 Financial Results Beat Expectations, Stock Reacts

DocuSign, the provider of the world's leading e-signature product, announced its financial results for the third quarter of fiscal year 2024. The company reported total revenue of $700.4 million, a 9% increase year-over-year, with subscription revenue reaching $682.4 million. DocuSign also achieved record non-GAAP operating margin and free cash flow. The company was named a leader in the 2023 Gartner Magic Quadrant for Contract Life Cycle Manager report and opened an engineering center of excellence in India. DocuSign also announced new product capabilities for generating agreements and managing end-to-end agreements. The company provided guidance for the upcoming quarter and fiscal year.