[eastunder]

Well, that's not good. Investigation wise.

Where are you getting your numbers from?

The numbers I have thru marketsmith, IBD and and Schwab are all the same and they do match with their filings.

eps and sales @
.44 and 622.2 M
.57 and 645.5 M
.65 and 659.6 M
.72 and 661.4 M

San Francisco – June 8, 2023 – DocuSign, Inc. (NASDAQ: DOCU), which offers the world’s #1 e-signature product as part of its industry leading lineup, today announced results for its fiscal quarter ended April 30, 2023.

https://www.sec.gov/Archives/edgar/data/1261333/000126133323000069/q124ex-991er.htm

“DocuSign’s first quarter results, coupled with traction on our strategic objectives reflect a solid start to the year," said Allan Thygesen, CEO of DocuSign. “While we have work ahead of us, I am encouraged by our progress to enable smarter, easier, trusted agreements. As we continue to execute on our strategy and leverage our competitive advantages, notably in AI, DocuSign is well positioned for the future.”

First Quarter Financial Highlights

▪Total revenue was $661.4 million, an increase of 12% year-over-year. Subscription revenue was $639.3 million, an increase of 12% year-over-year. Professional services and other revenue was $22.1 million, an increase of 14% year-over-year.
▪Billings were $674.8 million, an increase of 10% year-over-year.
▪GAAP gross margin was 79% compared to 78% in the same period last year. Non-GAAP gross margin was 83% compared to 81% in the same period last year.
▪GAAP net income per basic share was $0.00 on 203 million shares outstanding compared to a loss of $0.14 on 200 million shares outstanding in the same period last year.
▪GAAP net income per diluted share was $0.00 on 208 million shares outstanding compared to a loss of $0.14 on 200 million shares outstanding in the same period last year.
▪Non-GAAP net income per diluted share was $0.72 on 208 million shares outstanding compared to $0.38 on 206 million shares outstanding in the same period last year.
▪Net cash provided by operating activities was $233.6 million compared to $196.3 million in the same period last year.
▪Free cash flow was $214.6 million compared to $174.6 million in the same period last year.
▪Cash, cash equivalents, restricted cash and investments were $1.4 billion at the end of the quarter.
---------------------------------------------------------------------------------------------------------------------------------------

San Francisco – March 9, 2023 – DocuSign, Inc. (NASDAQ: DOCU), which offers the world’s #1 e-signature product as part of its industry leading lineup, today announced results for its fourth quarter and fiscal year ended January 31, 2023.

https://www.sec.gov/Archives/edgar/data/1261333/000126133323000030/q423ex-991er.htm

“We finished the year strong, delivering across our key financial metrics and making tangible progress on our strategic priorities. We are reshaping DocuSign to invest in our innovation roadmap and self-service capabilities.” said Allan Thygesen, CEO of DocuSign. “Looking ahead, we aim to drive profitable growth at scale by executing our mission of smarter, easier, and trusted agreements.”

Fourth Quarter Financial Highlights

▪Total revenue was $659.6 million, an increase of 14% year-over-year. Subscription revenue was $643.7 million, an increase of 14% year-over-year. Professional services and other revenue was $15.9 million, a decrease of 5% year-over-year.
▪Billings were $739.0 million, an increase of 10% year-over-year.
▪GAAP gross margin was 79%, compared to 77% in the same period last year. Non-GAAP gross margin was 83% compared to 81% in the same period last year.
▪GAAP net income per basic share was $0.02 on 202 million shares outstanding compared to a loss of $0.15 on 199 million shares outstanding in the same period last year.
▪GAAP net income per diluted share was $0.02 on 206 million shares outstanding compared to a loss of $0.15 on 199 million shares outstanding in the same period last year.
▪Non-GAAP net income per diluted share was $0.65 on 206 million shares outstanding compared to $0.48 on 207 million shares outstanding in the same period last year.
▪Net cash provided by operating activities was $137.1 million compared to $87.8 million in the same period last year.
▪Free cash flow was $113.0 million compared to $70.3 million in the same period last year.
▪Cash, cash equivalents, restricted cash and investments were $1.2 billion at the end of the quarter.
----------------------------------------------------------------------------------------------------------------------------------------
San Francisco – December 8, 2022 – DocuSign, Inc. (NASDAQ: DOCU), which offers the world’s #1 e-signature product as part of its industry leading lineup, today announced results for its fiscal quarter ended October 31, 2022.

https://www.sec.gov/Archives/edgar/data/1261333/000126133322000200/q323ex-991er.htm

“We delivered solid third quarter results, and are pleased with the continued progress against our critical priorities”, said Allan Thygesen, CEO of DocuSign. “DocuSign is the pioneer and leader in eSignature. This gives us a strong foundation to create and deliver a delightful and differentiated workflow experience, making agreements smarter and easier for companies of all sizes. I look forward to continuing to advance our business, as we both innovate and operate at scale to deliver value for all of our stakeholders.”

Third Quarter Financial Highlights

▪Total revenue was $645.5 million, an increase of 18% year-over-year. Subscription revenue was $624.1 million, an increase of 18% year-over-year. Professional services and other revenue was $21.4 million, an increase of 27% year-over-year.
▪Billings were $659.4 million, an increase of 17% year-over-year.
▪GAAP gross margin was 80% compared to 79% in the same period last year. Non-GAAP gross margin was 83% compared to 82% in the same period last year.
▪GAAP net loss per basic and diluted share was $0.15 on 201 million shares outstanding compared to $0.03 on 198 million shares outstanding in the same period last year.
▪Non-GAAP net income per diluted share was $0.57 on 206 million shares outstanding compared to $0.58 on 208 million shares outstanding in the same period last year.
▪Net cash provided by operating activities was $52.5 million compared to $105.4 million in the same period last year.
▪Free cash flow was $36.1 million compared to $90.0 million in the same period last year.
▪Cash, cash equivalents, restricted cash and investments were $1.1 billion at the end of the quarter.
--------------------------------------------------------------------------------------------------------------------------------------

San Francisco – September 8, 2022 – DocuSign, Inc. (NASDAQ: DOCU), which offers the world’s #1 e-signature solution as part of the DocuSign agreement platform, today announced results for its fiscal quarter ended July 31, 2022.

https://www.sec.gov/Archives/edgar/data/1261333/000126133322000160/q223ex-991er.htm

“We delivered solid Q2 results, with a strong finish to the first half of the year. These results reflect the focus and dedication of our team on execution during this transition period, with a stronger foundation in place to deliver in the second half of the year. We enter this next phase with a clear set of vital few deliverables for our people initiatives and product roadmap, while driving sustainable and profitable growth at scale,” said Maggie Wilderotter, DocuSign's Interim CEO and Board Chair. “We have a $50 billion market opportunity, an industry leading digital agreement platform, strong market position, and an experienced leadership team. I have total confidence our team will successfully deliver for all stakeholders.”

Second Quarter Financial Highlights

▪Total revenue was $622.2 million, an increase of 22% year-over-year. Subscription revenue was $605.2 million, an increase of 23% year-over-year. Professional services and other revenue was $17.0 million, a decrease of 11% year-over-year.
▪Billings were $647.7 million, an increase of 9% year-over-year.
▪GAAP gross margin was 78% for both periods. Non-GAAP gross margin was 82% for both periods.
▪GAAP net loss per basic and diluted share was $0.22 on 201 million shares outstanding compared to $0.13 on 196 million shares outstanding in the same period last year.
▪Non-GAAP net income per diluted share was $0.44 on 206 million shares outstanding compared to $0.47 on 208 million shares outstanding in the same period last year.
▪Net cash provided by operating activities was $120.9 million compared to $177.7 million in the same period last year.
▪Free cash flow was $105.5 million compared to $161.7 million in the same period last year.
▪Cash, cash equivalents, restricted cash and investments were $1,129.6 million at the end of the quarter.

[fung_derf]

This is what I show..

EPS 	(0.35)	(0.49)	2.55 	2.68

So, losing money now, earnings in the future. I also see this

DOCUSIGN INVESTIGATION CONTINUED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of DocuSign, Inc. - DOCU
Business Wire10:50 PM Eastern Daylight Time Jun 23, 2023

DOCUSIGN INVESTIGATION CONTINUED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Continues to Investigate the Officers and Directors of DocuSign, Inc. - DOCU

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into DocuSign, Inc. (NasdaqGS: DOCU).

In December 2021, the Company disclosed dramatically slowed billings growth for 3Q2022, constituting a 28% drop year-over-year, due primarily to declining demand as customers began returning to their offices and resumed in-person signature processes, contrary to its prior representations that pandemic-driven demand would be viable long-term. Further, the Company disclosed the departure of former CFO Michael Sheridan, one of the primary executives responsible for setting the Company’s billings guidance early in the pandemic.

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit charging them with failing to disclose material information during the Class Period in violation of federal securities laws. Recently, the court presiding over that case denied the Company’s motion to dismiss, allowing the case to move forward.

KSF’s investigation is focusing on whether DocuSign’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of DocuSign shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ([e-mail]), or visit https://www.ksfcouns... to learn more.

About Kahn Swick & Foti, LLC

[eastunder]

I think it's interesting. They actually make money, do they not?

I show them at
eps and sales @
.44 and 622.2 M
.57 and 645.5 M
.65 and 659.6 M
.72 and 661.4 M

That's accelerated earnings and sales

They have gone from 511.8 million in sales to 661.4 in 8 quarters. Not spectacular growth... but not death at all.

It's been in a consolidation for 108 days. Floating like a dead fish between 46.80 and 60 for most of that. MS has it's pivot at 69.45 which is a wee bit off from here and I like to be in them long before IBD thinks it's a good idea anyway. I don't follow their wait for a breakout because that's just not me. I like to build into it before that happens.

I'm very interested in it. I think with time it will make a good investment. But I hate fall and fall is coming. I'm still tracking that 44.40 gap wondering if Novembers smack down will supply that opportunity?

[fung_derf]

How this company managed to screw up whatever they had going is beyond my comprehension.
I'm sure not interested in bottom fishing here.

[eastunder]

DOCU cpps @ 52.66 on 7/26/23

[eastunder]

DocuSign Launches New AI-Powered ID Verification Solution
PR Newswire
Tue, July 25, 2023 at 6:00 AM MDT·3 min read

https://finance.yahoo.com/news/docusign-launches-ai-powered-id-120000316.html

New DocuSign feature applies AI to live video selfies to make process more convenient & prevent identity spoofing and deep-fakes

SAN FRANCISCO, July 25, 2023 /PRNewswire/ -- DocuSign (NASDAQ: DOCU) today announced the launch of its enhanced identity verification offering, Liveness Detection for ID Verification. Part of DocuSign's Identify portfolio, this new feature uses artificial intelligence (AI)-enabled biometric checks to confirm signers are who they say they are, are physically present at signing and that their IDs are valid.

Identity verification is essential to establishing a trust relationship. Traditionally, it has been a cumbersome, in-person process. Using Liveness Detection for ID Verification, businesses can now easily, securely and remotely prevent the use of fake documents and the use of deep fakes or pre-recordings, as well as prevent identity spoofing. The global solution provides a critical capability for companies adopting identity-proofing as part of their onboarding workflows that improve trust, compliance and simplify the user experience. AI-enabled Liveness Detection for ID Verification delivers on our commitment to provide a secure intelligent agreement process.

"At DocuSign, we don't believe in the false trade-off between either efficiency or risk," said Inhi Cho Suh, DocuSign President of Product & Technology. "We're infusing our entire product suite with AI to provide global customers with frictionless experiences that are smarter, easier and more trusted. Liveness Detection for ID Verification applies the power of artificial intelligence to live video selfies to provide the equivalent of face-to-face security without the inconvenience of showing up in person."

Developed in partnership with Onfido, a global leader in automated identity verification, the new feature is tightly integrated with DocuSign's popular eSignature workflow, eliminating the need for users to use multiple platforms to complete secure agreements. The feature applies AI to live video selfies – taken by signers – to confirm that the signer taking the video matches the photo on their ID and that the face on the provided ID and the face in the selfie video match. Liveness Detection for ID Verification also confirms that there has been no spoofing detected, that the user was not using a fake webcam or an emulator, and that the signer is physically present at the time the video selfie was taken.

"With instances of identity fraud on the rise, it's never been more essential for businesses to ensure that their online customers are who they say they are," said Mike Tuchen, Chief Executive Officer of Onfido. "We're excited to partner with DocuSign, which aligns with our goal of preventing fraud while simplifying the identity verification process for organizations across the globe."

This enhancement to DocuSign's ID Verification solution is another step in the company's use of AI to strengthen its suite of agreement products. DocuSign recently announced the launch of Agreement Summarization, enabled by an integration with Azure's OpenAI Service, which simplifies the document review process by using AI to automatically surface the most critical components of a document, enabling signers to get a better grasp on key information in their agreement before they sign. This allows them to make more informed decisions faster, saving time in the review process.

Pricing and Availability: Liveness Detection for ID Verification is available globally and is offered to all existing ID Verification or ID Verification Premier customers.

About DocuSign
DocuSign redefines how the world comes together and agrees, making agreements smarter, easier and more trusted. As part of its industry leading product lineup, DocuSign offers eSignature, the world's #1 way to sign electronically on practically any device, from almost anywhere, at any time. Today, over 1 million customers and more than a billion users in over 180 countries use DocuSign products and solutions to accelerate the process of doing business and simplify people's lives. For more information visit http://www.docusign.com.

[eastunder]

Enjoy!

[eastunder]

Exactly! Fill those Gaps!

[fung_derf]

I think hope relates to "good wishes". Now "hoped", that's a different story.
I'll respond to your pm when I get back from my golf lesson. Priorities.

[eastunder]

If I am going to post about gaps - I should update that chart to a chart that at least shows them for heavensakes!

[eastunder]

Hope. It's such an interesting word. I hoped I was out of it too.

I'm tracking two gaps. 44.40 and 40.65

[fung_derf]

I keep running across info about this stock everywhere today...

DocuSign, Inc. (DOCU) - Software
DOCU moved lower Monday to break a triple bottom at $54, marking a third consecutive sell signal. This 1 for 5'er moved to a negative trend in March and ranks in the lower third of the software sector RS matrix. Weekly momentum also recently flipped negative, suggesting the potential for further downside from here. Further support may be seen at $48, while initial overhead resistance may be found at $58.

[fung_derf]

I see we discussed this stock a few months back. Hope you aren't still in it.
It did have a little run to resistance in Feb., but I see nothing to like about it now. In fact, I just took it off my watch list a couple hours ago.

[fung_derf]

I'm reading recommendations to buy DOCU in various places. It would definitely be a bottom fish play right now, and I'm no fisherman.
It's currently around $58, and I'm not even considering it until it gets to $80. Better to get less profit more often, than risk the ups and downs yet still undetermined.
I should write that last sentence on a fortune cookie!!

[fung_derf]

Current resistance around $86, but that's dropping. Current price $58.17.
As a risk/return bet, this would be a decent one.

[eastunder]

Docusign (DOCU) reported 3rd Quarter October 2022 earnings of $0.57 per share on revenue of $645.5 million. The consensus earnings estimate was $0.42 per share on revenue of $626.9 million. The Earnings Whisper number was $0.44 per share. Revenue grew 18.3% on a year-over-year basis.

The company said it expects fourth quarter revenue of $637.0 million to $641.0 million. The current consensus revenue estimate is $640.66 million for the quarter ending January 31, 2023.

https://earningswhispers.com/epsdetails/docu

[eastunder]

Thank you! I appreciate your opinion! I always like hearing others thoughts.

I sold some higher priced shares in Sept. because I wanted that loss against some gains for year end. I planned on buying back the shares I sold at either a lower amount, or at the very least - the same price I sold them at after the 31 days ended.

I had not yet rebought those shares when DOCU suddenly gapped up.

Now, I won't touch it while that gap is staring me in the face. I can't. It might never fill - true, but if it does and I knew it was there.... yet ignored it - then that's my bad. That's on me.

So... I am watching and waiting (day 6) for that gap number to fill and if it hits - I'll buy back the shares I sold, and at a discount from what I sold them at.

IF DOCU doesn't drop to fill a common gap - Then I won't add. It's that simple for me.

11/10/22 created gaps in many stocks, as you already know. They are hard to miss. For me those become target numbers and there are many of them.

[eastunder]

That seems indicative of that gap filling then, right?

[fung_derf]

What does this all mean, you might ask.....Very early, but might be a bottom fish play....but I'm not a bottom fisherman.

DOCU (DocuSign, Inc.) broke a Double Top at 44.000 on 11/10/2022. DocuSign, Inc. is part of the DWA Software sector whose Bullish Percent Chart is in Bull Confirmed status at 32 % in a column of X's. DOCU is in a negative trend as it is trading below its bearish resistance line. The Relative Strength against the market is on a sell signal given on 12/03/2021 and the RS chart has been in a column of X's since 11/11/2022. The weekly momentum, an indication of short term strength or weakness, turned positive on 11/11/2022. The simple moving averages show the stock trading below its 200 day moving average and below its 50 day moving average. The relationship between the 50 day and the 200 day moving average shows the 50 day moving average below the 200 day. DOCU is trading -16.29% on the oversold side of the ten week trading band, the middle of this trading band is 53.02. The 30 day trading volume average is 4818203 shares.
DocuSign, Inc. provides cloud-based electronic signature solutions. Its cloud based electronic signature platform helps companies and individuals securely collect information, automate data workflows and sign anything. The firm automates manual, paper-based processes allowing users to manage all aspects of documented business transactions include identity management, authentication, digital signature, forms and data collection, collaboration, workflow automation and storage. DocuSign was founded by Thomas H. Gonser and Court Lorenzini in 2003 and is headquartered in San Francisco, CA.

[fung_derf]

DocuSign, Inc. 
 (DOCU) 
  
 $49.55 -3.77 (-7.07%) 
  0 
  0 
  0 
  
 Show Me Around 
  
 Earnings Expected 11/30/2022 (3 more) 
  
 Chart 
  
 Chart with 5 data series. 
 View as data table, Chart 
 The chart has 5 Y axes displaying values values values values and values. 
 1 
 This instrument has a 1 out of 5 Technical Attribute. 
 0 
  Tech Attribute 
 5 
 Sell 
 End of interactive chart. 
 Moved up from  
 0 (Strong Sell)  
 on 11/11/22 
 Trend 
 Negative 
 11/10/21 
 Strength vs. Market SPXEWI  
 Sell Signal 
 12/03/21 
 X Column  
 11/11/22 
 Strength vs. Peers DWASOFT  
 Sell Signal 
 12/03/21 
 O Column 
 06/10/22 
  Sector - Software 
 DOCU Rank Within Sector Matrix 
 103 of 141In Sector Matrix 
 Software Rank Within DWA Group Matrix 
 37 of 41In DWA Group Matrix 
 Sector Status 
 AVERAGE 
 Secondary Indicators 
 RRisk 
 2.70 
 Beta 
 1.03 
 Yield 
 - 
 Weekly OBOS 
 -16.29% 
 Momentum 
 5D 
 | 
 2W 
 | 
 1M 
   
   
 Pattern 
 Double Top 11/10/22 
 Chart 
 Stock Details 
 PnF History 
 Analyst Comments 
 Held By 
 Other Ideas 
 Optionable  
 Performance 
  
 YTD PERF 
 -67.47% 
 CHART HIGH 
 $314.76 (08/10/21) 
 CHART LOW 
 $35.06 (11/20/18) 
 BULLISH PRICE OBJECTIVE  
 $83.00 
 BULLISH REWARD RISK  
 3.17 
 MOVING AVERAGES 
 50: 50.70 
 150: 64.39 
 200: 74.86

[eastunder]

DOCU 40.645 tgt to watch

Open Gaps
up Nov-10-2022 40.645 to 42.8151

[eastunder]

I have done that a few times myself. I think we all do.

Now I am really, really good at making sticky notes and covering my office with them, ;)

[fung_derf]

Currently, the first resistance is around $77, and honestly that may be its fair market value. I think there are too many other undervalued stocks worth buying before this one. (not that there's anything wrong with this company).
I also cannot understand why V and PYPL have given so much back.

FWIW, I'm currently buying GNRC.

[fung_derf]

Yes, thank you for bringing up such a painful reminder.
I realized it about 10 minutes after pushing the buy button.
I thought I had bought them in one of my IRA accounts.

[eastunder]

Thank you. I was just curious.

I have often wondered how traders regard that rule.

I sold some of my shares in Sept. The wash rule time frame is over but I haven't replaced those shares yet.

[fung_derf]

I actually bought more shares before I sold the others, but if I recall correctly I did screw myself on the wash rule.....don't normally make that mistake.

[eastunder]

re:

Bought at $274, sold at $149 (ouch)
Bought at $144, sold at $150.

So, out of curiosity -- no attention to the wash rule? That didn't matter? You didn't want to use that loss against gains for taxes?

[fung_derf]

Looks like I originally bought this at $167, sold at $220
Bought at $217, sold at $297
Bought at $274, sold at $149 (ouch)
Bought at $144, sold at $150.

Slightly up overall.
This MAY be a good entry point, but I can't figure out why it tanked so badly yet.

DJ DocuSign Stock Has Had a Terrible Year. A Former Bear Says the Worst Over. -- Barrons.com
Dow Jones News11:27 AM Eastern Daylight Time Oct 12, 2022
Eric J. Savitz
This has been a rough year for DocuSign stock. The e-signature software and services company saw business soar during the pandemic, as office workers stayed home and a shift to digital-documentation soared.

But growth has moderated in recent quarters, there has been considerable turnover in DocuSign's (ticker: DOCU) sales team, and there has been a CEO change. A few weeks ago, the company announced a 9% staff reduction. All of that has weighed heavily on the stock, which is down about 70% for the year.

Wedbush analyst Dan Ives, who turned bearish on DocuSign in May, thinks most of the bad news is out -- and that the stock has probably hit bottom. On Tuesday, he lifted his rating on the stock to Neutral from Underperform, while keeping his $55 target price.

Ives writes that he thinks deal flow has "generally stabilized," and that current consensus estimates for the January 2023 fiscal year and fiscal 2024 look achievable. He thinks that risk/reward on the stock now appear balanced.

"In our opinion, the management team has gotten its arms around the business and is clearly adjusting to the new sales environment, although some growth challenges still remain heading into the rest of fiscal 2023," he writes.

The analyst also thinks DocuSign could become an acquisition target for an strategic or financial buyer if the stock continues to head lower.

Despite the rating change, DocuSign stock is down 1.9%, to $43.69, and this morning hit its lowest level in more than three years.

Write to Eric J. Savitz at [e-mail]

(END) Dow Jones Newswires

October 12, 2022 11:27 ET (15:27 GMT)


Copyright (c) 2022 Dow Jones & Company, Inc.

[fung_derf]

Good call. You were pretty close

[fung_derf]

Is it?
Compared to other tech stocks this is doing awful still. Resistance way up around $92 currently.
I sold all my shares, looks like last time just under $150. Phewwww.

[eastunder]

Today is kinda a nice day?

[fung_derf]

Being that I'm not a bottom fisher, I'm not having as much fun with it as you are.

[eastunder]

I love a little gap. Always fun to keep an eye on.