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DocuSign shares rose as much as 15% and closed up 12% on Friday after the Wall Street Journal reported the e-signature software company tapped advisors about a possible sale. Talks are still preliminary, the Journal reported, citing people familiar with the matter. A DocuSign representative didn't immediately respond to a request for comment on the report. DocuSign went public in 2018 and saw business boom during the pandemic as demand soared for technology that allowed people to work together on documents remotely. WATCH: DocuSign CEO on Q3 earnings beat
Persons: didn't, DocuSign, Allan Thygesen, Dan Springer, Cynthia Gaylor Organizations: Inc, Apple, Wall Street Journal, Nasdaq, Adobe Locations: Dobbs Ferry , New York, U.S
CNN —A Montana man died this weekend after falling while ice climbing in part of the Custer Gallatin National Forest, authorities said. The victim was identified as Montana resident and avid ice climber Kyle Allen Rott, 36, according to Gallatin County Sheriff’s Search and Rescue. Officials received two 911 calls Saturday afternoon about an incident near the Grotto Falls in Hyalite Canyon, according to a news release from the Gallatin County Sheriff’s Search and Rescue. The canyon is part of the larger national park, which boasts more than 3 million acres north of Yellowstone National Park. “Sheriff Springer also thanks all the dedicated search and rescue members who responded so quickly.”
Persons: Kyle Allen Rott, Sheriff Dan Springer, Kyle Rott’s, Sheriff Springer, Organizations: CNN, Custer, Custer Gallatin National Forest, Officials, Sheriff Locations: Montana, Custer Gallatin, Gallatin County, Hyalite, Gallatin, Yellowstone, South Dakota
The SAFE Banking Act would make it lawful for legal marijuana businesses to use major financial and banking institutions. Smart Approaches to Marijuana Action, a political organization opposed to marijuana legalization, urged Tuberville to oppose the legislation in a recent letter. Financial institutions, including small and community banks, have also put pressure on lawmakers, including Tuberville, to support the bill. There's been these attempts by the chairman of the Banking Committee to add a bunch of other stuff onto it, and I think that just completely torpedoes the chances." Ahead of his re-election campaign, President Joe Biden announced his intention to pardon federal convictions for simple marijuana possession offenses at the end of last year.
Persons: Chuck Schumer, We've, Sen, Steve Daines, Sherrod Brown, Kevin Cramer, Daines, Cramer, Dan Sullivan, Lisa Murkowski, Bill Cassidy of, Cynthia Lummis of, Rand Paul of Kentucky, Susan Collins of, Kevin McCarthy of California, McCarthy, Tommy Tuberville, Steve Stafford, Tuberville, Sullivan, Jeff Sessions, Trump, Sheriff Dan Springer, Springer, I've, Jeff Merkley, Jack Reed, It's, Cory Booker of, Dave Joyce, Alexandria Ocasio, Joe Biden Organizations: U.S, Capitol, Banking, Housing, Urban Affairs, SAFE, Republicans, Democrats, GOP, Auburn University, Smart, Senators, Republican, D.C, Sheriff, HOPE Locations: Ohio, GOP Sens, Alaska, Bill Cassidy of Louisiana, Cynthia Lummis of Wyoming, Susan Collins of Maine, Washington, Gallatin County , Montana, Montana, Cory Booker of New Jersey, R, Alexandria, Cortez
DocuSign shares rise on earnings beat and strong guidance
  + stars: | 2023-06-08 | by ( Hayden Field | ) www.cnbc.com   time to read: +2 min
DocuSign, the e-signature provider, reported an earnings and revenue beat for the fiscal quarter ended April 30, alongside announcing a handful of C-suite hires and new service offerings. Here's how the company did:Earnings: 72 cents per share, adjusted, vs. 56 cents per share expected by analysts, according to Refinitiv. 72 cents per share, adjusted, vs. 56 cents per share expected by analysts, according to Refinitiv. Revenue: $661 million vs. $642 million expected by analysts, according to Refinitiv. For the fiscal second quarter, DocuSign expects revenue of $675 million to $679 million, compared to analyst estimates of $667 million, according to Refinitiv.
Persons: DocuSign, Blake Grayson, Dmitri Krakovsky —, Kurt Sauer, Allan Thygesen, Dan Springer Organizations: Inc, Apple, DocuSign, Google, SAP, Yahoo Locations: Dobbs Ferry , New York, U.S, Refinitiv
The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. DocuSign will lay off 9% of its workforce as part of a major restructuring plan, the company announced Wednesday. As of January, DocuSign had 7,461 employees, and it said the restructuring plan will largely be complete by the end of fiscal year 2023. It expects to incur charges between $30 million and $40 million, largely in the third and fourth quarter of fiscal 2023, as part of the changes. DocuSign announced earlier this month that it hired an Alphabet executive, Allan Thygesen, as its next CEO.
DocuSign shares rose more than 3% in extended trading after the electronic signature software maker announced it has hired an Alphabet executive, Allan Thygesen, to be its next CEO. The announcement comes three month after DocuSign said its CEO for the past five years, Dan Springer, was stepping down. On Oct. 10 Thygesen will replace DocuSign's chair and interim CEO, Maggie Wilderotter, and join the company's board. Thygesen has spent nearly 12 years at Alphabet subsidiary Google, where he was most recently president of Americas and global partners. Thygesen will receive restricted stock units in addition to his other compensation if the company can hit certain stock targets, according to a regulatory filing.
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