From Financial Modeling Prep: 2024-12-06 11:33:00

DocuSign (NASDAQ:DOCU) stock surged over 23% today after beating Q3 earnings expectations. Earnings per share were $0.90, higher than the estimated $0.87. Revenue reached $754.8 million, exceeding the $745.26 million estimate. Billings grew 9% year-over-year, a significant improvement from the previous quarter’s 2% growth.

The company provided optimistic guidance for Q4, expecting revenue between $758 million to $762 million, surpassing the $756.2 million estimate. For the full fiscal year 2025, revenue is projected to be between $2.959 billion and $2.963 billion, higher than the $2.947 billion consensus estimate.

DocuSign also reported strong free cash flow of $210.7 million for the quarter, highlighting its solid financial position.



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