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
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
AVGO Earnings: Broadcom reports higher Q4 FY25 revenue, profit; results beat
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) on Thursday reported an increase in revenue and adjusted earnings for the fourth quarter of fiscal 2025. The numbers also surpassed analysts' expectations. Adjusted
Lamb Weston (LW) is set to report Q2 2026 earnings next week, here’s what to look for
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) rose over 1% on Thursday. The stock has gained 4% over the past three months. The French fry giant is slated to
