DocuSign stock falls despite results beating estimates, as CFO exit announced

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DocuSign stock falls despite results beating estimates, as CFO exit announced
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DocuSign Inc. shares fell about 3% after hours, after falling less than 2% in the regular session to close at $64.41 on Thursday, despite beating Wall Street...

DocuSign Inc.

shares fell about 3% after hours, after falling less than 2% in the regular session to close at $64.41 on Thursday, despite beating Wall Street estimates for its results and outlook. The electronic signature solutions company reported fourth-quarter net income of $4.86 million, or 2 cents a share, compared with a loss of $30.45 million, or 15 cents a share, in the year-ago period. Adjusted earnings were 65 cents a share, adjusted for stock-based compensation and other costs.

shares fell about 3% after hours, after falling less than 2% in the regular session to close at $64.41 on Thursday, despite beating Wall Street estimates for its results and outlook. The electronic signature solutions company reported fourth-quarter net income of $4.86 million, or 2 cents a share, compared with a loss of $30.45 million, or 15 cents a share, in the year-ago period. Adjusted earnings were 65 cents a share, adjusted for stock-based compensation and other costs.

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