DocuSign’s (NASDAQ: DOCU) revenue in the second quarter of 2021 increased 45% year-over-year to $342.2 million. On a non-GAAP basis, the company’s earnings increased to $0.17 per share from the profit of 1 cent per share reported in Q2 2020. DOCU stock was up modestly in the extended trading hours.
GAAP loss narrowed to $0.35 per share from prior year loss of $0.39 per share. Billings grew 61% to $405.7 million in the recently ended quarter.
For the third quarter of 2021, DocuSign expects revenue to be between $358 million and $362 million. For the fiscal year 2021 ending January 31, 2021, the company expects revenue to be between $1.384 billion and $1.388 billion.
The positive effects of widespread digitalization and e-commerce growth on China’s financial services industry became more pronounced during the pandemic as the movement restrictions drove more retail customers to online
Shares of Activision Blizzard Inc. (NASDAQ: ATVI) were up 1.6% on Thursday. The stock has dropped 14% since the start of the year. The company has been in the news
The emergence of technology-driven financial services is making people think beyond conventional banks when it comes to availing loans and transferring funds. In a move aimed at taking its business