DocuSign: Fiscal Q4 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — DocuSign Inc. (DOCU) on Thursday reported fiscal fourth-quarter profit of $27.2 million.

On a per-share basis, the San Francisco-based company said it had profit of 13 cents. Earnings, adjusted for one-time gains and costs, were 76 cents per share.

The results beat Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.

The provider of electronic signature technology posted revenue of $712.4 million in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $698 million.

For the year, the company reported profit of $74 million, or 36 cents per share. Revenue was reported as $2.76 billion.

For the current quarter ending in April, DocuSign said it expects revenue in the range of $704 million to $708 million.

The company expects full-year revenue in the range of $2.92 billion to $2.93 billion.

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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