Summary by Moomoo AI
DocuSign, a leader in electronic signature technology, has reported its financial results for the fiscal year ended January 31, 2024. The company generated a total revenue of $2,761,882,000, a 10% increase from the previous year. Subscription services, which represent 97% of the total revenue, were the primary revenue driver, showing a 10% increase year-over-year. Professional services and other revenue also saw a 2% increase. The company's net income for the year was $73,980,000, a significant improvement from the previous year's net loss of $97,454,000. Operating activities provided a strong cash flow of $979,526,000, while capital expenditures were $92,391,000. DocuSign's cash, cash equivalents, and investments totaled $1.2 billion as of January 31, 2024. In terms of business development, DocuSign continues to expand its customer base, now serving over 1.5 million customers...Show More
