Financial Preview | DocuSign(DOCU.US)Q4 Revenue Expected to Grow 6.7% Year-over-Year, Below Prior Year Period

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The CAIJING APP has learned that electronic signature solution provider DocuSign (DOCU.US) will release its Q4 earnings after the U.S. stock market closes on Tuesday (early morning of March 18, Beijing time). Market expectations are that DocuSign’s Q4 revenue will grow 6.7% year-over-year to $828.2 million, below last year’s 9% increase. The expected earnings per share are $0.95, a 10.5% year-over-year increase.

Looking at DocuSign’s competitors in the productivity software sector, some companies have already announced their Q4 results, giving investors a glimpse of future trends. Box’s revenue increased 9.4% year-over-year, beating analyst expectations by 0.5%; meanwhile, Dropbox’s revenue declined 1.1%, also surpassing expectations by 1.1%.

For the next fiscal year, the market generally expects DocuSign to earn $4.16 per share, a 9.7% increase from the same period last year.

For this fiscal year and the next, total revenue is projected to be $3.21 billion and $3.42 billion, respectively, representing year-over-year growth of 7.9% and 6.6%.

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