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DocuSign, Inc. (DOCU - Free Report) presented impressive first-quarter fiscal 2024 (ended Apr 30) results with both earnings and revenues beating the Zacks Consensus Estimate and growing year over year.
Non-GAAP earnings per share (excluding 72 cents from non-recurring items) of 72 cents beat the consensus mark by 35.9% and grew 89.5% from the year-ago fiscal quarter’s reported figure. Revenues of $661.4 million also surpassed the consensus estimate by 3.2% and increased 12.4% from the year-ago fiscal quarter’s reported figure.
Shares of DOCU have decreased 33.1% in the past year, compared with its industry’s 6.8% dip.
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