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Stock impact report

Productivity Software Stocks Q3 Recap: Benchmarking DocuSign (NASDAQ:DOCU) [Yahoo! Finance]

DocuSign, Inc. (DOCU) 
Last docusign, inc. earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Rising employee costs and the shift to more remote work has increased the ever-present pressure to improve corporate productivity, which in turn has driven rising demand for productivity software that enables remote work, streamline project management and automate business tasks. The 17 productivity software stocks we track reported a strong Q3. As a group, revenues beat analysts' consensus estimates by 2.6% while next quarter's revenue guidance was in line. While some productivity software stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.4% since the latest earnings results. Creating the digital equivalent of "sign on the dotted line" for over a billion users worldwide, DocuSign (NASDAQ:DOCU) provides an agreement management platform that enables businesses to electronically prepare, sign, and manage documents and contracts. DocuSign reported revenues of $818.4 million, up 8.4% year on year. This print exceed Show less Read more
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