DocuSign: Fiscal Q1 Earnings Snapshot
By Ap News
Published - Jun 06, 2024, 04:18 PM ET
Last Updated - Jun 06, 2024, 04:18 PM EDT
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — DocuSign Inc. (DOCU) on Thursday reported fiscal first-quarter profit of $33.8 million.
The San Francisco-based company said it had net income of 16 cents per share. Earnings, adjusted for one-time gains and costs, came to 82 cents per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.
The provider of electronic signature technology posted revenue of $709.6 million in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $706.1 million.
