DOCU, gettin ready for multi weekly Price GROWTH!
Updated
DOCU is registering massive net positive volume this past few days /weeks -- with numbers surging exponentially +40% from 6.55M to 9.17M. Buyers are now taking positions of the company's future growth prospect -- buoyed by the last "GREEN" earning calls (EPS beat expectation by almost +29% from 0.56 to 0.72).
On monthly data, higher lows was spotted pricewise -- conveying an upside reversal is in order in the next few months. A significant ascend from the current level is expected.
A bubble up volume (bottom indicator) -- has made its 4th appearance for this year with the latest one this month, -- first one since February 2023. A definite sign of things to come -- a good one.
Spotted at 54.0
TAYOR
Safeguard capital always:
FUNDAMENTAL / FINANCIAL REFERENCE:
----------------------------------------------------
Financials
Quarterly financials
APR 2023
(USD) Apr 2023 Y/Y
Revenue 661.39M 12.35%
Net income 539K 101.97%
Diluted EPS 0 100%
Net profit margin 0.08% 101.72%
Operating income 24.55M 227.69%
Net change in cash 221.55M 70.5%
Cash on hand - -
Cost of revenue 135.38M 2.86%
Disclaimer
Earnings calls
Apr 2023
EPS (USD)
Expected
0.56
Reported
0.72
Surprise
28.73%
Revenue (USD)
Expected
641.66M
Reported
661.39M
Surprise
3.07%
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DocuSign Shares Rally on Strong Revenue and Billings
By Eric J. SavitzFollow
Updated June 8, 2023 6:35 pm ET / Original June 8, 2023 4:51 pm ET
DocuSign’s quarterly revenue was up 12% from a year earlier.
Courtesy of DocuSign
DocuSign shares were sharply higher in after-hours trading Thursday, after the e-signatures company posted better-than-expected results for the fiscal first quarter ended April 30, and raised its outlook for the fiscal year ended January 2024.
For the April quarter, DocuSign (ticker: DOCU) posted revenue of $661.4 million, up 12% from the year ago quarter, and nicely ahead of both the company’s guidance range of $639 million to $643 million, and Street consensus at $642 million. Billings were $674.8 million, well above the company’s guidance range of $615 million to $625 million. It is an increase of 10%, compared with the company’s original target of 1% to 2%.
The Street is likely to be especially pleased with the strong growth in billings.
On monthly data, higher lows was spotted pricewise -- conveying an upside reversal is in order in the next few months. A significant ascend from the current level is expected.
A bubble up volume (bottom indicator) -- has made its 4th appearance for this year with the latest one this month, -- first one since February 2023. A definite sign of things to come -- a good one.
Spotted at 54.0
TAYOR
Safeguard capital always:
FUNDAMENTAL / FINANCIAL REFERENCE:
----------------------------------------------------
Financials
Quarterly financials
APR 2023
(USD) Apr 2023 Y/Y
Revenue 661.39M 12.35%
Net income 539K 101.97%
Diluted EPS 0 100%
Net profit margin 0.08% 101.72%
Operating income 24.55M 227.69%
Net change in cash 221.55M 70.5%
Cash on hand - -
Cost of revenue 135.38M 2.86%
Disclaimer
Earnings calls
Apr 2023
EPS (USD)
Expected
0.56
Reported
0.72
Surprise
28.73%
Revenue (USD)
Expected
641.66M
Reported
661.39M
Surprise
3.07%
--------
DocuSign Shares Rally on Strong Revenue and Billings
By Eric J. SavitzFollow
Updated June 8, 2023 6:35 pm ET / Original June 8, 2023 4:51 pm ET
DocuSign’s quarterly revenue was up 12% from a year earlier.
Courtesy of DocuSign
DocuSign shares were sharply higher in after-hours trading Thursday, after the e-signatures company posted better-than-expected results for the fiscal first quarter ended April 30, and raised its outlook for the fiscal year ended January 2024.
For the April quarter, DocuSign (ticker: DOCU) posted revenue of $661.4 million, up 12% from the year ago quarter, and nicely ahead of both the company’s guidance range of $639 million to $643 million, and Street consensus at $642 million. Billings were $674.8 million, well above the company’s guidance range of $615 million to $625 million. It is an increase of 10%, compared with the company’s original target of 1% to 2%.
The Street is likely to be especially pleased with the strong growth in billings.
Trade active
Strong support at 50 levels.A generous bounce is expected based on recent long term metrics - a big shift has been registered on weekly and monthly data.
SEED + HOLD.
Spotted at 52.0
TAYOR.
Trade active
Congrats holders. DOCU has finally moved.Long term reversal has been spoted.
Expect more weighty rise from this one.
TAYOR.
Trade active
Trade active
STRONG BUY.DOCU turn around / reversal to the upside has started.
TAYOR.
Trade active
Long term data update is conveying MASSIVE BUY ALERT.First histogram shift has been recorded in almost 3 years. Last one happened on July 2021.
Interim target set at x2.
TAYOR.
Note
Spotted at 58.0
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