DocuSign (DOCU) Revenue and Profit Soar, Q1 and FY25 Guidance Show Promise
DocuSign (DOCU) Q4 Financial Highlights:
eSignature service provider DocuSign, Inc. (NASDAQ: DOCU) reported a substantial surge in revenue and profit for the fourth quarter of 2024. The company's revenue for the January quarter stood at $712.4 million, marking a significant increase from the same period last year. Subscription revenue and Professional Service revenue also exhibited notable growth.
Key Earnings Figures:
- Adjusted earnings reached $0.76 per share in Q4, soaring from $0.65 per share in the prior-year quarter.
- Net profit for the quarter, inclusive of special items, amounted to $27.2 million or $0.13 per share, a substantial rise from $4.86 million or $0.02 per share in the corresponding period of 2023.
Management foresees Q1 2025 revenues within the $704 million to $708 million range, with full-year 2025 revenue expected to range between $2.915 billion and $2.927 billion.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.