|Bid||52.30 x 900|
|Ask||52.72 x 1000|
|Day's Range||51.80 - 53.32|
|52 Week Range||37.00 - 68.35|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||66.71|
Eventbrite's market cap at the end of its first day of trading was $2.8 billion, well above its last private valuation of $1.5 billion. Here's a look at five other Bay Area tech companies with similar success this year and three more who hope to join the parade.
The software company joins the growing number of Bay Area tech enterprises filing for IPO this year, including SurveyMonkey, DocuSign and Zuora.
SAN FRANCISCO, Sept. 14, 2018 /PRNewswire/ -- DocuSign, Inc. ("DocuSign") (DOCU) today announced the pricing of $500 million principal amount of 0.50% Convertible Senior Notes due 2023 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The principal amount of the offering was increased from the previously announced offering size of $400 million. DocuSign also granted the initial purchasers of the notes an option to purchase up to an additional $75 million principal amount of notes.
Such selling stockholders also granted the underwriters a 30-day option to purchase up to an additional 1,209,082 shares of DocuSign's common stock. DocuSign will not receive any of the proceeds from the sale of the shares of its common stock being offered by the selling stockholders, and will bear the costs associated with the sale of such shares, other than underwriting discounts and commissions.
SAN FRANCISCO, Sept. 12, 2018 /PRNewswire/ -- As part of its continued commitment to help organizations connect and automate how they prepare, sign, act-on, and manage agreements, DocuSign (DOCU) today announced the general availability of its Fall '18 Release, showcasing innovation enhancements across the board. The DocuSign Fall '18 Release includes updates to the company's eSignature solution and its broader System of Agreement Platform—the most significant of which include Smart Sections, Intelligent Insights, mobile document scanning, and an Ethereum blockchain integration. "The Fall '18 Release builds on the exciting announcements we made around our System of Agreement strategy at our annual customer and partner event, Momentum, in June this year," explained Ron Hirson, chief product officer at DocuSign.
SAN FRANCISCO, Sept. 11, 2018 /PRNewswire/ -- DocuSign, Inc. ("DocuSign") (DOCU) today announced that it intends to offer, subject to market conditions and other factors, $400 million principal amount of Convertible Senior Notes due 2023 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). DocuSign also intends to grant the initial purchasers of the notes an option to purchase up to an additional $60 million principal amount of notes. The notes will be senior unsecured obligations of DocuSign and will accrue interest payable semiannually in arrears.
Such selling stockholders also intend to grant the underwriters a 30-day option to purchase up to an additional 1,209,082 shares of the DocuSign's common stock. DocuSign will not receive any of the proceeds from the sale of the shares of its common stock being offered by the selling stockholders, and will bear the costs associated with the sale of such shares, other than underwriting discounts and commissions. Morgan Stanley, J.P. Morgan Securities LLC and Goldman Sachs & Co. LLC are acting as lead book-running managers for the proposed offering of common stock.
Analysts are upbeat after the electronic-signature company delivered quarterly results that exceeded estimates but came up a bit light on its billings outlook.
DocuSign (NASDAQ:DOCU), which operates an e-signature platform, is one of this year’s hottest IPOs, up over 100%. On news of the latest earnings report, DocuSign stock is off 7% in early trading. Now the company did beat expectations and raised the outlook.
More top stocks fell overnight on earnings after growth stocks led Wednesday's market sell-off. Here are five investing lessons.
Docusign Inc (NASDAQ: DOCU ) reported second-quarter results Wednesday that were better than expected, but not good enough to turn Bank of America Merrill Lynch bullish. The Analyst Bank of America's ...
DocuSign on Wednesday reported second-quarter earnings and revenue that topped consensus estimates but shares in the maker of software that digitizes contract paperwork fell in late trading.
DocuSign Inc. (docu) beat earnings expectations and raised its forecast for the full year Wednesday afternoon. DocuSign reported second-quarter losses of $36.7 million, or 22 cents a share, on sales of $167 million, up from $125.5 million a year ago. After adjustments for stock-based compensation and other effects, DocuSign claimed profit of 3 cents a share, up from an adjusted loss of 5 cents a share a year ago.
On a per-share basis, the San Francisco-based company said it had a loss of 22 cents. Earnings, adjusted for stock option expense and amortization costs, came to 3 cents per share. The results exceeded ...
SAN FRANCISCO , Sept. 5, 2018 /PRNewswire/ -- DocuSign (NASDAQ: DOCU), which offers the world's #1 eSignature solution as part of its broader platform for automating the agreement process, today announced ...
DocuSign Inc., an electronic-signature technology company that went public in April, said it has completed its acquisition of SpringCM Inc.
With SpringCM, DocuSign will accelerate customers' ability to modernize their Systems of Agreement—all the way from preparing to signing, acting-on, and managing agreements. "Every company is undergoing a digital transformation and automating the foundation of doing business – the agreement process - has never been more strategic," said Dan Springer, CEO, DocuSign. "Now with SpringCM, DocuSign will be able to bring the same simplification and acceleration it brought to eSignature to the rest of the agreement process.
As expected, August has been fairly quiet for the initial public offering (IPO) market. This is usually the case as many investors are on vacation. For the most part, the next batch of upcoming IPOs won’t hit until around mid-September.
It has been a great year for growth stocks, especially high-profile ones. Just look at the gains for operators like Amazon.com (NASDAQ:AMZN), Netflix (NASDAQ:NFLX) and Apple (NASDAQ:AAPL).
With more than $1 billion invested in a variety of startups and public companies, where might Salesforce look for its next high-profile acquisition?
Shares of DocuSign are up by more than half since the enterprise-software company’s initial public offering in April—a surge that underscores how digital transformation is sparking economic growth, according to Chairman Keith Krach. "Companies focused on productivity improvement are driving the economy," Krach tells Barron's. The company, which made its mark in electronic signatures, is scheduled to report its fiscal second-quarter earnings on Sept. 5. For its current fiscal year, DocuSign expects $652 million to $658 million in revenue, surpassing the consensus estimate of $627.6 million reported by FactSet.
It's not just Apple that is rocking in the stock market. A look at IBD's 33 industry sectors shows at least five sectors that are up year to date to the tune of 19% to 29%.
IPO stocks: DocuSign broke out Tuesday for the first time since its late April IPO. SendGrid, BJ's Wholesale Club, Zscaler and Cactus also are near buys.
Founder Michael Fertik will go back to being executive chairman of the Redwood City company that says it has seen 50 percent annual revenue growth since shifting its focus to protecting the online reputations of business customers.