Categories AlphaGraphs, Earnings, Technology

DocuSign (DOCU) Earnings: Q1 profit, revenue top expectations

DocuSign, Inc. (NASDAQ: DOCU), a provider of electronic signature software, Thursday said its first-quarter adjusted earnings more than tripled, aided by strong demand. Both profit and revenues exceeded the market’s projection.

DocuSign Q1 2022 earnings infographic

First-quarter revenues advanced 58% annually to $469.1 million, which is well above experts’ prediction. The top-line benefitted from a strong performance by the core subscription business.

Adjusted earnings jumped to $0.44 per share from $0.12 per share last year. Market watchers were looking for a smaller bottom-line number. On an unadjusted basis, it was a net loss of $8.4 million or $0.04 per share, compared to a loss of $47.8 million or $0.26 per share in the first quarter of 2021.


Read management/analysts’ comments on DocuSign’s Q1 earnings


DocuSign’s stock lost about 12% so far this year and is trading at a near one-year low. It closed Thursday’s regular session sharply lower.

Prior Performance

  • DocuSign (DOCU) Q2 2021 Earnings Infograph
  • DocuSign reports Q1 2021 earnings results

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Here’s a look at Dollar Tree’s (DLTR) expectations for the remainder of the year

Shares of Dollar Tree Inc. (NASDAQ: DLTR) were down over 1% on Wednesday, a day after the company reported earnings results for the third quarter of 2022. Revenue and earnings

Target Corporation (TGT): A look at how the retail giant is shaping up against an inflationary backdrop

Shares of Target Corporation (NYSE: TGT) were up over 1% on Wednesday. The stock has dropped 30% year-to-date and 35% over the past 12 months. Last week the company reported

Is Zoom Video Communications (ZM) a good investment after Q3 earnings?

Zoom Video Communications (NASDAQ: ZM) expanded its customer base at an accelerated pace during the COVID crisis and soon became the preferred video conferencing platform for businesses and millions of

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top