DocuSign reported quarterly revenue exceeding the prior year's figures and analyst expectations. Earnings per share also surpassed estimates, showing growth compared to last year's period. The company exceeded analyst expectations in non-GAAP billings and subscription revenue while showing notable year-over-year growth in professional services. However, the total customer count fell slightly below projections. Shares of DocuSign rose over 11% in the past month, outperforming the Zacks S&P 500 composite’s.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02DocuSign reported quarterly revenue exceeding the prior year's figures
00:05and analysts' expectations. Earnings per share also surpassed estimates,
00:10showing growth compared to last year's period. The company exceeded analysts' expectations
00:14in non-GAAP billings and subscription revenue while showing notable year-over-year growth
00:19in professional services. However, the total customer count fell slightly below projections.
00:24Shares of DocuSign rose over 11% in the past month,
00:28outperforming the ZAC's S&P 500 composites.
00:30For all things money, visit Benzinga.com slash GSTV.