DocuSign: Fiscal 4Q Earnings Snapshot

Associated Press |

SAN FRANCISCO (AP) _ DocuSign Inc. (DOCU) on Thursday reported a loss of $66.2 million in its fiscal fourth quarter.

On a per-share basis, the San Francisco-based company said it had a loss of 40 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 6 cents per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The provider of electronic signature technology posted revenue of $199.7 million in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $193.7 million.

For the year, the company reported a loss of $426.5 million, or $3.16 per share. Revenue was reported as $701 million.

For the current quarter ending in May, DocuSign said it expects revenue in the range of $205 million to $210 million.

The company expects full-year revenue in the range of $910 million to $915 million.

DocuSign shares have risen 47 percent since the beginning of the year.

This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DOCU at

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



Symbol Last Price Change % Change










World Economic Forum at Davos 2019 - Joseph Weinberg CEO PayCase, Chairman Shyft

Matt Bird sits down with Joseph Weinberg CEO PayCase, Chairman Shyft at the World Economic Forum at Davos 2019