secwatch.observer — SEC 8-K summary
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Issuer:     DOCUSIGN, INC. (DOCU)
CIK:        0001261333
Form:       8-K
Filed at:   2021-12-02T23:59:59+00:00
Accession:  0001261333-21-000209
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DocuSign Q3 revenue up 42% to $545.5M; President International Michael Sheridan departs
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- Q3 revenue $545.5M (+42% YoY); subscription revenue $528.6M (+44%); non-GAAP EPS $0.58 vs $0.22.
- Billings $565.2M (+28% YoY); CEO says return to normalized buying patterns after 6 quarters of accelerated growth.
- GAAP net loss $0.03 per share (vs $0.31); free cash flow $90M from $38M; cash $908M.
- Q4 guidance: revenue $557-563M, billings $647-659M; non-GAAP op margin 17-19%.
- President International Michael Sheridan left Nov 30; severance includes 6 months base salary plus 50% bonus, RSU acceleration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1261333/000126133321000209/0001261333-21-000209-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1261333/000126133321000209/docu-20211129.htm
  HTML page:      https://secwatch.observer/filing/0001261333-21-000209

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer