DocuSign Sees Q2 Revenue $725M-$729M vs $726.3M Est.; Sees Billings $715M-$725M; Sees FY25 Revenue $2.92B-$2.932B vs $2.93B Est.; Sees Billings $2.98B-$3.03B
Portfolio Pulse from Benzinga Newsdesk
DocuSign has provided its Q2 and FY25 revenue and billings guidance. For Q2, the company expects revenue between $725M and $729M, slightly below the $726.3M estimate, and billings between $715M and $725M. For FY25, DocuSign anticipates revenue between $2.92B and $2.932B, close to the $2.93B estimate, and billings between $2.98B and $3.03B.
June 06, 2024 | 8:06 pm
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DocuSign's Q2 revenue guidance of $725M-$729M is slightly below the $726.3M estimate, while FY25 revenue guidance of $2.92B-$2.932B is close to the $2.93B estimate. Billings for Q2 and FY25 are also provided.
The revenue guidance for Q2 is slightly below the estimate, which may cause a neutral to slightly negative reaction in the short term. However, the FY25 revenue guidance is close to the estimate, which balances the overall impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100