DocuSignExtended trading saw shares drop by 30% on Thursday, after the creator of eSignature software gave a prediction for the end to the year which was below analysts’ predictions.

DocuSign announced that the fourth quarter revenue would be in the range of $557 to $563 million. earnings reportThe third quarter. According to Refinitiv. Analysts were anticipating revenue of $573.8 millions on average.

Below are the numbers that will determine Q3’s success.

• EarningsAdjusted: 58c per share vs. 46cs expected by analysts according to Refinitiv.

• RevenueAnalysts had expected $545.5 Million, but Refinitiv estimates that it will be $531 Million.

DocuSign recently reported its sixth consecutive quarter of revenues growth exceeding 40%. The company’s success was due to remote work, and an increased use of electronic signings in more industries. Although the bottom line was good, investors worry more about what the future holds as the companies make the same purchases they did during the pandemic.

After “exceptionally high rates of growth at scale” in the first six months of 2020, the company’s expected growth for the remaining three months is around 30%. CEO Dan Springer admitted disappointment at this decline.

Springer spoke on the earnings conference, saying that although we were expecting a slowdown from the high levels of growth during the pandemic’s peak period, things changed faster than expected.

Also, the company announcedMichael Sheridan (previously CFO and president of international) has resigned from the company as of Nov. 30,

Prior to the after-hours plunge, DocuSign’s stock was up about 4% for the year, trailing the S&P 500’s 20% gain. DocuSign shares increased by three times in value last year.

WATCH: DocuSign CEO on growth