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DocuSign: Fiscal 3Q Earnings Snapshot

December 6, 2018

SAN FRANCISCO (AP) _ DocuSign Inc. (DOCU) on Thursday reported a loss of $52.8 million in its fiscal third quarter.

On a per-share basis, the San Francisco-based company said it had a loss of 31 cents. Earnings, adjusted for one-time gains and costs, were less than 1 cent on a per-share basis.

The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.

The provider of electronic signature technology posted revenue of $178.4 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $174.4 million.

For the current quarter ending in January, DocuSign said it expects revenue in the range of $192 million to $194 million.

The company expects full-year revenue in the range of $693 million to $695 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DOCU at https://www.zacks.com/ap/DOCU

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