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
Walgreens Boots Alliance set to report Q2 earnings. Here’s what to expect
Walgreens Boots Alliance, Inc. (NASDAQ: WBA), a market leader in health and wellness services, is preparing to report second-quarter results, with market watchers forecasting a mixed outcome. As part of
Chewy (CHWY) is set for meaningful growth in the coming year, here’s why
Shares of Chewy, Inc. (NYSE: CHWY) stayed red on Thursday. The stock has dropped 2% over the past three months. The pet products company ended fiscal year 2024 on a
GME Earnings: GameStop Q4 2024 profit rises; sales down 28%
Video game company GameStop Corp. (NYSE: GME) has reported an increase in fourth-quarter 2024 earnings, despite a double-digit fall in revenues. Net sales decreased to $1.28 billion in the fourth
