No. of Recommendations: 22
Unless I missed it, don’t think anyone has mentioned docu’s earnings release yet here

Stock is up about 20% today

41% revenue increase, about $15m above estimates. Good guidance for next quarter

94% of rev is subscription

Slightly profitable non gaap

Net retention 113%

Gross margin guided at 78-80%

25% increase in customers year over year to 537,000. Added 29,000 new customers during the quarter so still trending about consistent with the annual rate

13 analysts avg $65 target, 40% higher from here

I only have a small position but been hanging with them given that their e signature market is expected to grow at 20-25%+ for the next few years, even if their system of agreement/agreement cloud doesn’t take off (although I think it has a good chance to be successful too)

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.