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DocuSign Drops Despite Earnings Beat and Strong Guidance

Tony Owusu

The San Francisco-based company reported fourth-quarter earnings of 6 cents per share on an adjusted basis on revenue of $199.7 million. "Fiscal 2019 was an exciting first fiscal year as a public company for DocuSign. As we look to fiscal 2020, we are focused on delivering new and innovative solutions to market across the System of Agreement, growing our already-strong partner ecosystem, and continuing our relentless commitment to customer success," said Dan Springer, CEO of DocuSign.