DocuSign Fiscal Q1 Earnings, Sales Rise; Fiscal Q2 Revenue Outlook Set — Shares Fall After Hours

DocuSign (DOCU) reported fiscal Q1 non-GAAP earnings late Thursday of $0.82 per diluted share, up from $0.72 a year earlier.

Analysts polled by Capital IQ expected $0.79.

Revenue for the quarter that ended April 30 was $709.6 million, up from $661.4 million a year earlier.

Analysts surveyed by Capital IQ expected $707.4 million.

The company expects fiscal Q2 revenue of $725 million to $729 million and full-year sales of $2.92 billion to $2.93 billion. Analysts polled by Capital IQ expect $726.7 million and $2.93 billion, respectively.

Shares of the company traded nearly 4% lower in after-hours activity.

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