According to Benzinga Pro data, during Q1, DocuSign (NASDAQ:DOCU) posted sales of $588.69 million. Earnings were up 10.09%, but DocuSign still reported an overall loss of $27.37 million.
DocuSign (NASDAQ: DOCU) shares are trading lower by 24.54% to $65.92. The company late Thursday reported worse-than-expected first-quarter EPS results and issued in-line guidance. Evercore ISI Group downgraded the stock from Outperform to In-Line and lowered its price target from $100 to $75.