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Benzinga
Benzinga
Business
Dylan Berman

DocuSign Shares Are Trading Higher Friday: What's Going On?

DocuSign DOCU
Stuttgart,,Germany,-,01-30-2025:,Mobile,Phone,With,Logo,Of,American

DocuSign (NASDAQ:DOCU) shares are trading higher Friday after the company reported better-than-expected second quarter financial results and raised its fiscal year 2026 sales guidance above estimates. Also, the company issued third quarter sales guidance above estimates.

What To Know: DocuSign reported adjusted earnings per share of 92 cents, beating the consensus estimate of 84 cents. In addition, the company reported sales of $800.64 million, beating the consensus estimate of $780.24 million and representing a 9% year-over-year growth.

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