Recap: DocuSign Q1 Earnings

DocuSign (NASDAQ:DOCU) reported its Q1 earnings results on Thursday, June 8, 2023 at 04:05 PM. Here’s what investors…

DocuSign (NASDAQ:DOCU) reported its Q1 earnings results on Thursday, June 8, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

DocuSign beat estimated earnings by 28.57%, reporting an EPS of $0.72 versus an estimate of $0.56.

Revenue was up $72.70 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 22.85% drop in the share price the next day.

Here’s a look at DocuSign’s past performance:

Quarter Q4 2023 Q3 2023 Q2 2023 Q1 2023
EPS Estimate 0.52 0.42 0.42 0.46
EPS Actual 0.65 0.57 0.44 0.38
Revenue Estimate 632.15M 626.88M 602.34M 581.76M
Revenue Actual 659.58M 645.46M 622.18M 588.69M

To track all earnings releases for DocuSign visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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