DocuSign (NASDAQ:DOCU) announced its third-quarter financial results, posting an earnings per share (EPS) of $0.79. This figure notably surpasses the analyst prediction of $0.63 by $0.16. The company’s revenue for the quarter was reported at $700.4 million, exceeding the consensus estimate of $690.26 million.
As a result, the company’s shares surged more than 4% on Friday.
For the upcoming fourth quarter of 2024, DocuSign projects its revenue to be in the range of $696 million to $700 million. This forecast is above the market consensus of $693.73 million.
Looking at the full fiscal year 2024, the company anticipates its total revenue to be between $2.746 billion and $2.75 billion. This projection is marginally higher than the consensus estimate of $2.73 billion.