DocuSign, Inc. (DOCU) Tops Q3 EPS by 8c; Guides Modestly Above View

DocuSign, Inc. (NASDAQ: DOCU) reported Q3 EPS of $0.11, $0.08 better than the analyst estimate of $0.03. Revenue for the quarter came in at $249.5 million versus the consensus estimate of $239.86 million.

"We delivered another quarter of strong growth in billings and revenue, a significant expansion of our global customer base, and our eighth quarter of non-GAAP profitability,\" said Dan Springer, CEO, DocuSign. \"Customers and partners alike are seeing the benefits of having a single platform that connects and automates the entire agreement process. As we continue to expand our suite of Agreement Cloud products, we believe DocuSign is poised to lead the next big category of cloud platforms.

GUIDANCE:

DocuSign, Inc. sees Q4 2020 revenue of $263-267 million, versus the consensus of $260.4 million.

DocuSign, Inc. sees FY2020 revenue of $962-966 million, versus the consensus of $950.95 million.

For earnings history and earnings-related data on DocuSign, Inc. (DOCU) click here.

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