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Benzinga
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DocuSign Stock Plummets After Q1 Earnings Report: Details

1. DocuSign reported Q1 earnings of 90 cents per share, beating estimates. 2. Quarterly revenue was $763.7 million, exceeding analyst expectations of $748.13 million. 3. Company raised fiscal 2026 revenue outlook to $3.15-$3.16 billion. 4. DocuSign announced a $1 billion increase in its share buyback program. 5. Stock fell 14.97% post-earnings announcement, closing at $78.99.

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FAQ

Why Bullish?

Despite a significant post-earnings drop, revenue growth and earnings beat suggest long-term potential.

How important is it?

Strong earnings and revenue performance could positively influence investor sentiment in the near term.

Why Short Term?

Immediate market reaction negatively impacted stock, but growth metrics may stabilize price soon.

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