DocuSign Q1 2024 Earnings Report

DocuSign EPS Results

• Actual EPS: $0.72
• Consensus EPS: $0.56
• Beat/Miss: Beat by +$0.16
• One Year Ago EPS: -$0.12

DocuSign Revenue Results

• Actual Revenue: $661.39 million
• Expected Revenue: $641.69 million
• Beat/Miss: Beat by +$19.70 million
• YoY Revenue Growth: +12.30%

DocuSign Announcement Details

• Quarter: Q1 2024
• Date: 6/8/2023
• Time: After Market Closes

DocuSign (NASDAQ:DOCU) provides electronic signature solution in the United States and internationally. The company provides e-signature solution that enables sending and signing of agreements on various devices; Contract Lifecycle Management (CLM), which automates workflows across the entire agreement process; Document Generation streamlines the process of generating new, custom agreements; and Gen for Salesforce, which allows sales representatives to automatically generate agreements with a few clicks from within Salesforce. It also provides Identify, a signer-identification option for checking government-issued IDs; Standards-Based Signatures, which support signatures that involve digital certificates; Monitor that uses advanced analytics to track DocuSign eSignature web, mobile, and API account; Notary which enables notaries public to conduct remote online notarization transactions; and Web Forms, a web forms that quickly draft agreements using pre-populated data from completed forms or external systems via APIs. In addition, the company offers Rooms for Real Estate that provides a way for brokers and agents to manage the entire real estate transaction digitally. Signature and CLM are FedRAMP, an authorized version of DocuSign eSignature for U.S. federal government agencies; and life sciences modules that support compliance with the electronic signature practices. The company sells its products through direct and partner-assisted sales, and digital self-service purchasing. DocuSign, Inc. was incorporated in 2003 and is headquartered in San Francisco, California.