DocuSign Stock Jumps as Results Top Estimates on 'Rapid Traction' Of AI Platform
1. DocuSign shares surged after better-than-expected Q4 earnings report. 2. Revenue rose to $776.25 million, exceeding analyst expectations by $15 million. 3. CEO noted rapid customer traction for the AI-powered contract management platform. 4. Company forecasted first-quarter revenue below estimates but projected strong billings. 5. Shares increased by over 15% on Friday and 50% in the past year.