earnings
confidence high
sentiment negative
materiality 0.70
DocuSign Q1 revenue up 25% to $588.7M; non-GAAP EPS down to $0.38 from $0.44
DOCUSIGN, INC.
2023-Q1 EPS reported
-$0.14
revenue$588,692,000
- Total revenue $588.7M (+25% YoY); subscription revenue $569.3M (+26%). Billings $613.6M (+16%).
- GAAP net loss per share $0.14 (vs $0.04 loss year ago); non-GAAP EPS $0.38 (vs $0.44).
- Free cash flow $174.6M, up from $123.0M; cash and investments $1.06B.
- Q2 guidance: revenue $600-604M; FY2023 revenue $2.47-2.482B.
- Appointed Steve Shute (President, Field Ops) and Jim Shaughnessy (CLO) with equity grants of $25M and $10M respectively.