DocuSign

By Denny Jacob DocuSign posted better-than-expected revenue in its latest quarter, further proof that prior turnaround efforts are resulting in a company on stronger footing. The e-signature company logged net income of $27.2 million, or 13 cents a share, for the fourth quarter ended Jan. 31, up from $4.9 million, or 2 cents a share, a year earlier. Adjusted earnings were 76 cents a share, above analysts’ estimates of 65 cents a share. Revenue climbed 8% to $712.4 million from $659.6 million a year earlier. Analysts polled by FactSet expected $698.3 million. Free cash flow in the quarter was $248.6 million compared to $113 million in the same period a year earlier. For the current quarter, DocuSign forecast revenue between $704 million and $708 million. Analysts polled by FactSet expected $700.5 million. For fiscal 2025, the San Francisco-based company guided for revenue in the range of $2.92 billion and $2.93 […]

The following is a summary of the DocuSign, Inc. (DOCU) Q4 2024 Earnings Call Transcript: Financial Performance: DocuSign reported Q4 revenues of $712 million, an increase of 8% year-over-year and full year revenue of $2.8 billion, marking a 10% growth year-over-year. Non-GAAP operating margin in Q4 improved to 25%, and the full year margin also improved significantly to 26% from 21% in fiscal 2023. The free cash flow for the year more than doubled to approximately $900 million. Q4 non-GAAP operating income was $178 million, marking a 15% year-over-year increase, and full fiscal year non-GAAP operating income reached $711 million, a 38% increase year-over-year. With a positive GAAP net income for the year, the GAAP diluted EPS improved to $0.36, from a negative $0.49 in the prior year. The company ended the fiscal year with approximately $1.2 billion in cash and cash equivalents. Business Progress: DocuSign made strides in product

March 9, 2023 — DocuSign, Inc. (NASDAQ: DOCU), which offers the world’s #1 e-signature product as part of its industry leading lineup, today announced results for its fourth quarter and fiscal year ended January 31, 2023. DocuSign, Inc. (NASDAQ: DOCU) reported  Q4 non-GAAP earnings of $0.65 per diluted share,  Analysts polled by Capital IQ expected $0.52 per share. Revenue for the quarter ended Jan. 31 was $659.6 million,  Analysts polled by Capital IQ expected $639.5 million. The company said it expects Q1 revenue of $639 million to $643 million. Analysts polled by Capital IQ expect $639.8 million. DocuSign expects fiscal year 2024 revenue of $2.695 billion to $2.707 billion. Analysts polled by Capital IQ expect $2.69 billion. Fourth Quarter Financial Highlights Total revenue was $659.6 million, an increase of 14% year-over-year. Subscription revenue was $643.7 million, an increase of 14% year-over-year. Professional services and other revenue was $15.9 million, a decrease of 5% year-over-year.