DocuSign CEO: No signs of recession in our business

DocuSign's (DOCU) concern remains brisk contempt a bruised banal marketplace and rising concerns of an economical maturation slowdown successful the US.

CEO Allan Thygesen said connected Yahoo Finance's Morning Brief connected Friday that request trends successful February remained solid.

"As I looked astatine our February numbers, for example, our transaction volumes were beauteous overmuch connected people with what we had expected — not seeing immoderate large interaction there," Thygesen said. "So astatine this point, we haven't seen immoderate interaction of the caller volatility."

DocuSign reported connected Thursday evening that 4th fourth net came successful amended than expected arsenic much customers adopted its AI statement technology. The momentum successful the concern appears to person legs arsenic the company's billings guidance amazed Wall Street estimates to the upside.

Shares of the bundle play roseate much than 16% successful Friday greeting trading. The banal was the No. 1 trending ticker connected Yahoo Finance.

"We support our affirmative presumption arsenic we spot imaginable for continued planetary expansion, IAM [intelligent agreements] optionality successful FY26, and operating leverage successful aboriginal years," Citi expert Tyler Radke wrote.

Radke reiterated a Buy standing connected DocuSign's stock.

• Fourth 4th nett sales: +9% twelvemonth implicit twelvemonth to $776.3 million, vs. estimates for $761.5 million

• Billings: +11%% twelvemonth implicit twelvemonth to $923.2 million, vs. estimates for $863.8 million

• Diluted net per share: +13.2% twelvemonth implicit twelvemonth to $0.86, vs. estimates for $0.85

• First quarter:

  • Sales: $745 cardinal to $749 cardinal vs. estimates for $757.2 million

  • Billings: $741 cardinal to $751 cardinal vs. estimates for $744.2 million

• Full year:

  • Sales: $3.13 cardinal to $3.14 cardinal vs. estimates for $3.15 billion

  • Billings: $3.3 cardinal to $3.35 cardinal vs. estimates for $3.22 billion

• Gross nett margins dropped to 82.2% from 82.6% successful 2024.

• DocuSign repurchased $683.5 cardinal successful banal versus $145.5 cardinal successful the aforesaid play past year.

• It reported a beardown $1.1 cardinal successful cash.