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DocuSign: Fiscal Q2 Earnings Snapshot
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SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — DocuSign Inc. (DOCU) on Thursday reported fiscal second-quarter net income of $77.7 million.

The San Francisco-based company said it had profit of 40 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.16 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The provider of electronic signature technology posted revenue of $875.7 million in the period, also topping Street forecasts. Seven analysts surveyed by Zacks expected $867.6 million.

For the current quarter ending in October, DocuSign said it expects revenue in the range of $886 million to $890 million.

The company expects full-year revenue in the range of $3.5 billion to $3.51 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOCU at https://www.zacks.com/ap/DOCU

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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