SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — DocuSign Inc. (DOCU) on Thursday reported fiscal third-quarter profit of $62.4 million.
On a per-share basis, the San Francisco-based company said it had net income of 30 cents. Earnings, adjusted for one-time gains and costs, were 90 cents per share.
The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.
The provider of electronic signature technology posted revenue of $754.8 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $744.3 million.
For the current quarter ending in January, DocuSign said it expects revenue in the range of $758 million to $762 million.
The company expects full-year revenue of $2.96 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
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.