DocuSign Exceeds Q1 Expectations with $0.82 EPS, $709.6M Revenue, Raises FY25 Guidance

Jun 6, 2024, 08:11 PM

DocuSign reported its Q1 earnings for fiscal year 2025, exceeding analyst expectations. The company posted an adjusted EPS of $0.82, surpassing the estimated $0.79, and revenue of $709.6 million, above the expected $707.13 million. Additionally, DocuSign increased its stock repurchase program by $1 billion. For Q2, the company forecasts sales between $725 million and $729 million, compared to the estimated $726.3 million. The fiscal year 2025 guidance includes an EPS range of $1.22 to $1.29, higher than the estimated $1.11, and revenue between $2.92 billion and $2.93 billion. CEO emphasized that the company is at a turning point, stabilizing the business and improving profitability. DocuSign shares rose by 2.13% in after-hours trading.