BUZZ-Docusign surges after Q3 results beat Wall Street estimates

Reuters
2024-12-06
BUZZ-<a href="https://laohu8.com/S/DOCU">Docusign</a> surges after Q3 results beat Wall Street estimates

** Shares of virtual document signing platform Docusign DOCU.O rise ~16% to $97.26 after the bell

** Co's total revenue rises 8% in Q3 to $754.8 mln, beating estimates of $745.3 mln, according to data compiled by LSEG

** DOCU's adjusted Q3 profit climbs to 90 cents per share vs 79 cents per share a year earlier

** Analysts on average had expected a profit of 87 cents in the quarter

** Co says quarterly billings were $752.3 mln, a 9% year-over-year increase

** As of last close, stock up nearly 41% YTD

(Reporting by Manya Saini in Bengaluru)

((Manya.Saini@thomsonreuters.com))

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