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.