Shares of companies in the broader technology sector, including Docusign Inc (NASDAQ:DOCU), are trading lower amid overall market weakness following the collapse of Russia-Ukraine ceasefire talks.
DocuSign shares may also be trading lower ahead of the company’s fourth-quarter earnings results, confirmed for Thursday’s after-hours session. According to analyst consensus estimates, DocuSign is expected to report EPS of 47 cents on revenue of $561.47 million.
DocuSign is trading lower by 5.3% at $92.88.
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DocuSign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device.
DocuSign has a 52-week high of $314.76 and a 52-week low of $90.90.
