What important key figures say

For the quarter ended October 2024, DocuSign (DOCU) reported revenue of $754.82 million, up 7.8% from the same period last year. Earnings per share were $0.90, compared to $0.79 in the year-ago quarter.

The reported revenue represented a surprise of +1.41% versus the Zacks Consensus Estimate of $744.31 million. Since the consensus EPS estimate was $0.86, the EPS surprise was + 4.65%.

While investors closely monitor year-over-year changes in headline numbers – sales and earnings – and how they compare to Wall Street’s expectations to determine their next course of action, a few key metrics always provide greater insight into a company’s underlying performance.

Since these key figures play a crucial role in determining sales and profit figures, a comparison with the previous year’s figures and analysts’ estimates helps investors to better assess the price development of a share.

Here is DocuSign’s performance in the just-reported quarter in terms of the metrics most commonly watched and predicted by Wall Street analysts:

• Non-GAAP Financial Statements: $752.31 million versus five analysts’ average estimate of $715.59 million.

• Total number of customers: 1.6 million versus two analysts’ average estimate of 1.63 million.

• Revenue – Professional Services and Other: $20.13 million versus an average estimate of $20.25 million estimated by seven analysts. Compared to the same quarter last year, this figure represents a change of +11.4%.

• Revenue – Subscription: $734.69 million versus an average of $723.05 million estimated by seven analysts. Compared to the same quarter last year, this figure represents a change of +7.7%.

• Non-GAAP gross profit from subscriptions: $619.11 million compared to the average estimate of $607.63 million based on six analysts.

• Non-GAAP Professional Services and Other Gross Profit: $3.26 million compared to the average estimate of -$1.97 million based on six analysts.

You can find all of the important company metrics for DocuSign here>>>

Shares of DocuSign have returned +11.2% over the past month, while the Zacks S&P 500 Composite has seen a change of +6.7%. The stock currently has a Zacks Rank #3 (Hold), which suggests it could perform in line with the broader market in the near term.

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