HeadlinesBriefing favicon HeadlinesBriefing.com

Docusign Raises Sales Outlook on AI Demand

Wall Street Journal US Business •
×

Docusign raised its sales outlook for the second time this year, citing a boost from artificial intelligence-related demand. The company now expects full-year revenue to be higher than previously forecast, reflecting stronger-than-expected second-quarter performance.

The e-signature software maker reported higher second-quarter revenue, driven by increased adoption of its AI-powered features. Executives noted that customers are increasingly using Docusign's intelligent agreement management tools, which streamline contract analysis and automation.

Chief Executive Officer Allan Thygesen said the company is seeing "strong momentum" as businesses digitize their agreement processes. The updated guidance suggests confidence in sustained growth, with Docusign projecting revenue above its earlier range.

Shares rose in after-hours trading following the announcement. The company also highlighted expanding partnerships and enterprise deals as key contributors to the improved outlook.