DocuSign Management Talks Agreement Cloud, Cross-Selling, and More
Shares of DocuSign (NASDAQ: DOCU) soared earlier this month, following the company's fiscal second-quarter update. The Street's optimistic response to the tech company's quarterly update wasn't surprising: Revenue growth accelerated as the company benefited from continued leadership in its core e-signature product and as DocuSign's nascent Agreement Cloud offering saw promising customer adoption.
Total revenue for the period jumped 41% year over year to $235.6 million. This was an acceleration from 37% revenue growth in the prior quarter. In addition, DocuSign lifted the midpoint of its outlook for full-year revenue by $29.5 million.
To get a better understanding of what's driving the company's growth, here are three key quotes from management during DocuSign's fiscal second-quarter earnings call.
Source Fool.com
