0921 GMT - Docusign held its annual recurring revenue forecast for 2027 steady, likely disappointing investors looking for a rise, Jefferies' Brent Thill writes. The company reported a rise in first-quarter profit after market close Thursday, and guided for a slight increase in revenue. But the company's annual recurring revenue growth rate remains between 8.25% and 8.75%, Thill notes. Investors might also be disappointed by the absence of a timeline for a return to double-digit revenue growth, the analyst writes. Overall, the results show a good start to the year, especially given the lack of any negative AI impact, he adds. Docusign shares fall 3.8% premarket.(josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
June 05, 2026 05:21 ET (09:21 GMT)
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