DocuSign, Inc. ($DOCU) Earnings (Q3 FY23)
DocuSign, Inc. ($DOCU) Earnings and Opinion: DocuSign is a company in the Technology sector and operates in the Software-Application industry. The company provides electronic software in the United States and internationally. DocuSign was incorporated in 2003 and is currently headquartered in San Francisco, California. The company made its debut on the stock market in 2018. DocuSign Earnings Results: Revenues of $646M beating expectations of $627M Gross Profit of $538M beating expectations of $506M Operating Profit of $147M beating expectations of $108M Adjusted EPS of $0.57 beating expectations of $0.43 Opinion: DocuSign is moving a slight bit higher, after a solid earnings report was released. Not only was it a win for sales, it was a huge push for profitability. The beat was nice and the margins looked very solid. One thing that is striking is how large the gross profit margin is. They do not have a lot of costs that go into producing the revenue. This is essential, especially for