ADVERTISEMENT

DocuSign: Fiscal Q4 Earnings Snapshot

March 10, 2022 GMT

SAN FRANCISCO (AP) _ DocuSign Inc. (DOCU) on Thursday reported a loss of $30.4 million in its fiscal fourth quarter.

On a per-share basis, the San Francisco-based company said it had a loss of 15 cents. Earnings, adjusted for stock option expense and amortization costs, were 48 cents per share.

The results met Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was also for earnings of 48 cents per share.

The provider of electronic signature technology posted revenue of $580.8 million in the period, exceeding Street forecasts. Six analysts surveyed by Zacks expected $560.9 million.

For the year, the company reported that its loss narrowed to $70 million, or 36 cents per share. Revenue was reported as $2.11 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOCU at https://www.zacks.com/ap/DOCU