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Oct 31, 2021
DocuSign Q3 2022 Earnings Report
DocuSign's Q3 2022 financial results were announced, demonstrating revenue growth and exceeding expectations for operating margin.
Key Takeaways
DocuSign announced its Q3 2022 financial results, with total revenue reaching $545.5 million, a 42% increase year-over-year. The company's operating margin exceeded expectations at 22%. DocuSign also reported having 1.11 million customers worldwide.
Total revenue was $545.5 million, up 42% year-over-year.
Subscription revenue reached $528.6 million, a 44% increase year-over-year.
Billings increased by 28% year-over-year, totaling $565.2 million.
Non-GAAP net income per diluted share was $0.58.
Revenue by Segment
Forward Guidance
The company expects total revenue between $557 million and $563 million for the quarter ending January 31, 2022. They anticipate subscription revenue between $544 million and $550 million and billings between $647 million and $659 million. Non-GAAP gross margin is expected to be between 81% and 82%, with a non-GAAP operating margin between 17% and 19%.
Positive Outlook
- Total revenue between $557M and $563M
- Subscription revenue between $544M and $550M
- Billings between $647M and $659M
- Non-GAAP gross margin between 81% and 82%
- Non-GAAP operating margin between 17% and 19%
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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