For the quarter ended July 2024, DocuSign (DOCU) reported income of $736.03 million, up 7% over the identical interval final yr. EPS got here in at $0.97, in comparison with $0.72 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $726.15 million, representing a shock of +1.36%. The corporate delivered an EPS shock of +21.25%, with the consensus EPS estimate being $0.80.
Whereas buyers scrutinize income and earnings adjustments year-over-year and the way they evaluate with Wall Avenue expectations to find out their subsequent transfer, some key metrics all the time supply a extra correct image of an organization’s monetary well being.
Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher challenge a inventory’s value efficiency.
Right here is how DocuSign carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
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Non-GAAP billings
: $724.51 million versus the six-analyst common estimate of $720.57 million.
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Complete Prospects
: 1.6 million in comparison with the 1.6 million common estimate based mostly on two analysts.
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Income- Skilled companies and different
: $18.66 million in comparison with the $19.41 million common estimate based mostly on seven analysts. The reported quantity represents a change of +1.9% yr over yr.
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Income- Subscription
: $717.37 million in comparison with the $706.75 million common estimate based mostly on seven analysts. The reported quantity represents a change of +7.2% yr over yr.
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Non-GAAP subscription gross revenue
: $604.25 million versus the six-analyst common estimate of $591.58 million.
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Non-GAAP Skilled companies and different gross revenue
: $0.79 million in comparison with the -$2.40 million common estimate based mostly on six analysts.
View all Key Company Metrics for DocuSign here>>>
Shares of DocuSign have returned +12.5% over the previous month versus the Zacks S&P 500 composite’s +3.4% change. The inventory at present has a Zacks Rank #3 (Maintain), indicating that it may carry out in step with the broader market within the close to time period.
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