DocuSign, Inc. (NASDAQ: DOCU) on Thursday announced first-quarter 2023 financial results, reporting higher revenues.
On an adjusted basis, the company reported earnings of $0.38 per share, which is lower than last year’s profit of $0.44 per share. On an unadjusted basis, it was a net loss of $0.14 per share, compared to a loss of $0.04 per share last year.
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Total revenues increased 25% annually to $588.7 million. Subscription revenue rose 26% and professional services & other revenue moved up 13% year-over-year.