DocuSign Inc. (DOCU) Tops Q3 EPS by 16c

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Go back to DocuSign Inc. (DOCU) Tops Q3 EPS by 16c

DocuSign Inc. (DOCU) tops consensus earnings, revenue estimates

December 8, 2023 8:03 AM EST

DocuSign Inc. (NASDAQ: DOCU) shares dipped slightly premarket Friday after the company's latest quarterly earnings release.

The company reported third-quarter earnings of $0.79 per share, $0.16 better than the analyst estimate of $0.63. Revenue for the quarter came in at $700.4 million, up 9% YoY and above the consensus estimate of $690.26 million.

DOCU's subscription revenue was $682.4 million, representing an increase of 9% year-over-year, while professional services and other revenue was $18.1 million, representing a decrease of 16% year-over-year. Billings were $691.8... More