DocuSign’s (NASDAQ: DOCU) revenue in the second quarter of 2021 increased 45% year-over-year to $342.2 million. On a non-GAAP basis, the company’s earnings increased to $0.17 per share from the profit of 1 cent per share reported in Q2 2020. DOCU stock was up modestly in the extended trading hours.
GAAP loss narrowed to $0.35 per share from prior year loss of $0.39 per share. Billings grew 61% to $405.7 million in the recently ended quarter.
For the third quarter of 2021, DocuSign expects revenue to be between $358 million and $362 million. For the fiscal year 2021 ending January 31, 2021, the company expects revenue to be between $1.384 billion and $1.388 billion.
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the fourth quarter of 2020, reflecting a marked increase in merchandise sales. The results also topped analysts’
The disruption caused by coronavirus has affected almost all sectors except business service providers like Cintas Corporation (NASDAQ: CTAS), which is busy helping clients maintain hygiene and safety during the
Rite Aid Corporation (NYSE: RAD) reported a narrower loss in the second quarter of 2021. Net loss shrank to $0.25 per share in the recently ended quarter from $1.49 per