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DocuSign: Fiscal 2Q Earnings Snapshot

SAN FRANCISCO (AP) _ DocuSign Inc. (DOCU) on Thursday reported a loss of $64.6 million in its fiscal second quarter.

The San Francisco-based company said it had a loss of 35 cents per share. Earnings, adjusted for stock option expense and amortization costs, were 17 cents per share.

The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.

The provider of electronic signature technology posted revenue of $342.2 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $318.4 million.

For the current quarter ending in November, DocuSign said it expects revenue in the range of $358 million to $362 million.

The company expects full-year revenue in the range of $1.38 billion to $1.39 billion.

DocuSign shares have more than tripled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $239.51, rising fivefold in the last 12 months.

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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