earnings
confidence high
sentiment positive
materiality 0.80
DocuSign Q2 FY2024 revenue $687.7M (+11% YoY); GAAP EPS $0.04, non-GAAP EPS $0.72; buyback authorized $300M
DOCUSIGN, INC.
2024-Q2 EPS reported
$0.04
revenue$1,349,075,000
- Total revenue $687.7M (+11% YoY), subscription revenue $669.4M (+11%), billings $711.2M (+10%).
- GAAP net income per diluted share $0.04 vs loss $0.22; non-GAAP EPS $0.72 vs $0.44 in prior year.
- Free cash flow $183.6M (up from $105.5M); operating cash flow $211.0M.
- Board authorized $300M increase to share repurchase program, for total up to $500M.
- Q3 FY2024 guidance: revenue $687-691M; FY2024 revenue expected $2.725-2.737B.