Recap: DocuSign Q3 Earnings

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Shares of DocuSign DOCU rose 6.8% after the company reported Q3 results.

Quarterly Results

Earnings per share rose 100.00% over the past year to $0.22, which beat the estimate of $0.13.

Revenue of $382,923,000 higher by 53.47% from the same period last year, which beat the estimate of $361,150,000.

Outlook

DocuSign Sees Q4 Sales $404M-$408M Vs. $387.34M Est.; Sees FY21 Sales $1.426B-$1.430B Vs. $1.39B Est.

How To Listen To The Conference Call

Date: Dec 03, 2020

Time: 04:30 PM

ET Webcast URL: https://viavid.webcasts.com/starthere.jsp?ei=1403051&tp_key=318b786975

Recent Stock Performance

52-week high: $290.23

52-week low: $64.88

Price action over last quarter: Up 6.95%

Company Profile

DocuSign offers the Agreement Cloud, a broad cloud-based software suite that enables users to automate the agreement process and provide legally binding e-signatures from nearly any device. The company was founded in 2003 and completed its IPO in May 2018.

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