DocuSign, Inc. (NASDAQ: DOCU), a leading provider of electronic signature solutions, is all set to release its second quarter 2024 financial results today after the closing bell.
Listen to DocuSign’s Q2 2024 earnings call live and read the real-time transcript
It is widely estimated that DocuSign’s revenues and earnings increased in the three months ended July 2023. The consensus earnings estimate is $0.66 per share, which represents an impressive 50% growth from what the company earned in the prior year quarter. Revenue is expected to increase 8.9% year-over-year to $677.56 million.
In the first three months of fiscal 2024, revenue increased by 12% to $661.4 million. Consequently, adjusted earnings rose to $0.72 per share in Q1 from $0.38 per share last year. First-quarter net profit was $0.54 million, compared to a loss of $27.4 million or $0.14 per share in the year-ago fiscal quarter.
Subscription revenue was $639.3 million in the April quarter, an increase of 12% year-over-year. Professional Service revenue rose 14% annually to $22.1 million. Billings increased 10% year-over-year to $674.8 million.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
