DocuSign stock rallies more than 10% on earnings beat, outlook

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DocuSign stock rallies more than 10% on earnings beat, outlook
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DocuSign Inc. shares rallied in the extended session Thursday after the e-signature company’s quarter and outlook surpassed Wall Street expectations....

DocuSign Inc.

shares rallied in the extended session Thursday after the e-signature company’s quarter and outlook surpassed Wall Street expectations. DocuSign shares surged as much as 14% after hours, following a 2.2% gain to close the regular session at $58.48. The company reported fiscal first-quarter net income of $539,000, or break-even per share, versus a loss of $27.3 million, or 14 cents a share, in the year-ago period.

shares rallied in the extended session Thursday after the e-signature company’s quarter and outlook surpassed Wall Street expectations. DocuSign shares surged as much as 14% after hours, following a 2.2% gain to close the regular session at $58.48. The company reported fiscal first-quarter net income of $539,000, or break-even per share, versus a loss of $27.3 million, or 14 cents a share, in the year-ago period.

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