Investing.com -- DocuSign reported Thursday stronger guidance and fiscal fourth-quarter results that topped estimates as new business wins bolstered performance.
DocuSign Inc (NASDAQ:DOCU) 13% in afterhours trading following the report.
For the three months ended Jan. 31, the software company reported Q4 adjusted EPS of $0.76 on revenue of $712.4 million, topping consensus estimates for EPS of $0.65 on revenue of $698.35M.
Billings were $833.1M in Q4, an increase of 13% year-over-year.
Looking ahead to Q1, the company forecasts revenue in the range of $704M to $708M, better than estimates of $700.5M, with billings expected to come in between $685M and $695M.
For the year, revenue was guided in a range of $2.92B to $2.93B, while billings were expected between $2.97B and $3.02B.