This quarterly report represents an earnings surprise of 3.80%. A quarter ago, it was expected that this provider of electronic signature technology would post earnings of $0.64 per share when it actually produced earnings of $0.76, delivering a surprise of 18.75%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. There are no easy answers to this key question, ...

DOCUSIGN, INC. Exhibit 99.1 Docusign Announces First Quarter Fiscal 2025 Financial Results; Announces $1.0 Billion Increase to Share Repurchase Program San Francisco – June 6, 2024 – Docusign, Inc. (NASDAQ: DOCU) today announced results for its fiscal quarter ended April 30, 2024. Prepared remarks and the news release with the financial results will be accessible on Docusign's website at investor.docusign.com prior to its webcast. "Docusign is off to a strong start in fiscal 2025. We launched a significant ...

Total revenue was $709.6 million, an increase of 7% year-over-year. Subscription revenue was $691.5 million, an increase of 8% year-over-year. Professional services and other revenue was $18.2 million, a decrease of 18% year-over-year. Billings were $709.5 million, an increase of 5% year-over-year. GAAP gross margin was 78.9% compared to 79.4% in the same period last year. Non-GAAP gross margin was 82.0% compared to 82.6% in the same period last year. GAAP net income per basic share was $0.16 on 206 million ...

What Our Model Says DocuSign, Inc. (DOCU) is scheduled to report its first-quarter fiscal 2025 results on Jun 6, after the bell. The company has an impressive earnings surprise history. Its earnings surpassed the Zacks Consensus Estimate in all the trailing four quarters, delivering an average surprise of 23.7%. Expectations This Time Around The Zacks Consensus Estimate for the to-be-reported quarter's revenues is pegged at $706.1 million, indicating 6.8% year-over-year growth. We expect an increase in reve ...

DocuSign, Inc. (DOCU) has had an impressive run over the past six months. The stock has gained 19.3%, outperforming the 15.9% rally of the Zacks S&P 500 composite. The company recently finalized its acquisition of AI-powered agreement management software provider Lexion, a decision initially announced on May 6, 2024. Founded in 2019, Lexion offers an agreement workflow platform that streamlines and centralizes the contracting process, integrating seamlessly with team workflows. Its products include a reposi ...

Key Points DocuSign is a pioneer in implementing electronic signatures for agreements and contracts. DocuSign has parlayed its signature business into contract lifecycle management, document generation, identity management, analytics and reporting businesses optimized with AI integration. DocuSign acquired Lexion to bolster its AI product portfolio. 5 stocks we like better than DocuSign DocuSign Inc. NASDAQ: DOCU provides electronic signature and contract lifecycle management (LCM) services. Shares hit high ...

Wall Street analysts expect DocuSign (DOCU) to post quarterly earnings of $0.79 per share in its upcoming report, which indicates a year-over-year increase of 9.7%. Revenues are expected to be $706.07 million, up 6.8% from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's earnings announcement, it is crucial to ...

SAN FRANCISCO, May 31, 2024 /PRNewswire/ -- Docusign (NASDAQ: DOCU) today announced that it has completed the acquisition of Lexion, a leading AI-powered agreement management company. This strengthens Docusign's position in Intelligent Agreement Management (IAM) and adds more AI-assisted capabilities to the Docusign IAM platform. The acquisition will bring richer insights and analysis to customers so they can speed up contract reviews and negotiations, easily locate information within documents, and automat ...

DocuSign, Inc. (DOCU) shares have gained 23% in the past six months compared with the 21% rally of the industry it belongs to and the 15% growth of the Zacks S&P 500 composite. Reasons Behind the Rally DocuSign registered growth in both earnings and revenues in the fourth quarter of fiscal 2024. Non-GAAP earnings of 76 cents per share increased 17% year over year and total revenues of $712.4 million were up 8% year over year. The company's earnings surpassed the Zacks Consensus Estimate in all the trailing ...

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