Stock Movers: DocuSign, Ciena, Asana, Verint Systems, Macy's

Scott Peters
08 Sep, 2025
New York City

DocuSign Inc. gained 4.8% to $79.86 despite the e-signature software provider reporting a 93% drop in the second quarter ending on July 31.

Consolidated revenue increased to $800 million from $736 million, net income dropped to $63 million from $888 million, and diluted earnings per share declined to 30 cents from $4.26 a year ago.

During the second quarter, DocuSign returned a total of $201.5 million to shareholders through share repurchases.

DocuSign guided third-quarter revenue to be between $804 million and $808 million, adjusted operating margin between 28% and 29%, and adjusted diluted weighted-average shares outstanding between 207 million and 212 million. 

DocuSign guided full-year revenue to be between $3.189 billion and $3.201 billion, adjusted operating margin between 28.6% and 29.6%, and adjusted diluted weighted-average shares outstanding between 207 million and 212 million. 

Ciena Corp. increased 20% to $116.69 after the provider of networking systems reported more than a three-and-a-half-fold jump in earnings in the fiscal third quarter ending on August 2. 

Consolidated revenue edged higher to $1.22 billion from $942 million, net income advanced to $50.3 million from $14.2 million, and diluted earnings per share rose to 35 cents from 10 cents a year ago.

During the quarter, Ciena repurchased 1.0 million shares of common stock for an aggregate price of $81.8 million.

Ciena guided fourth-quarter revenue to be between $1.24 billion and $1.32 billion, adjusted gross margin to be between 42% and 43%, and adjusted operating expense to be between $390 million and $400 million.

"With visibility well into fiscal year 2026, we are confident in the continued momentum of our business and remain focused on further expanding our operating leverage as we continue to grow," said Gary Smith, president and CEO, Ciena. 

Asana Inc. declined 8% to $13.46 despite the team collaboration and work management software company saying net loss shrank and revenue increased in the second quarter ending on July 31.

Consolidated revenue inched higher to $196.9 million from $179.2 million, net loss shrank to $48 million from $72 million, and diluted losses per share fell to 20 cents from 31 cents a year ago.

Asana guided third-quarter revenue to be between $197.5 million and $199.5 million, non-GAAP operating income to be between $12 million and $14 million, and non-GAAP earnings per share between 6 cents and 7 cents.

Asana guided full-year revenue to be between $780 million and $790 million, non-GAAP operating income to be between $46 million and $50 million, and non-GAAP earnings per share to be between 23 cents and 25 cents.

In the fiscal second quarter of 2026, Asana saw strong customer growth, with core customers (spending $5,000+) increasing 9% to 25,006 and high-value customers (spending $100,000+) rising 19% to 770, driving revenue growth from core accounts by 12% from a year ago, respectively.

The company maintained a solid dollar-based net retention rate of 96%. 

Verint Systems Inc. was unchanged at $20.36 after the customer experience automation platform’s net income swung to a loss in the latest quarter ending on July 31.

Consolidated revenue in the quarter inched down to $208 million from $210 million, net income swung to a loss of $1.69 million from a profit of $5.53 million, and diluted income per share swung to a loss of 9 cents from a profit of 2 cents a year ago.

Thoma Bravo announced a $2 billion all-cash acquisition of Verint on August 24, 2025. Shareholders will receive $20.50 per share, representing an 18% premium to the stock’s 10-day average price before reports of a potential sale. 

The deal, unanimously approved by Verint’s board, is expected to close by the end of the current fiscal year, subject to shareholder and regulatory approvals. 

After completion, Verint will become privately held, and its stock will be delisted.

Macy's Inc. plunged 0.03% to $17.30 after the department store chain operator reported a 48% decline in profit in the fiscal second quarter ending on August 2.

Consolidated revenue edged lower to $5 billion from $5.1 billion, net income declined to $87 million from $150 million, and diluted earnings per share fell to 31 cents from 53 cents a year ago.

The company returned $100 million to shareholders, including $50 million in quarterly dividends and $50 million in share repurchases.

The company's board declared a regular quarterly dividend of 18.24 cents per share, payable on October 1 to shareholders on record on September 15.

Macy's revised its annual revenue guidance to between $21.15 billion and $21.45 billion and adjusted diluted earnings per share to between $1.70 and $2.05.