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DocuSign Financial Results for May to July 2021

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DocuSign (ticker symbol: DOCU) announced its financial results for the period from May to July 2021 on September 2, 2021.

Financial results for May to July 2021

EPS: 47¢ vs. 40¢ expected.

Net sales were $512 million, compared to the forecast of $488 million.

Sales growth was +50% YoY.

Subscription sales were $493 million, up 52% from the same period last year.

Billings were $595 million.

Total customer base was 1.05 million.

Operating cash flow was $178 million. Cash flow from operations was $178 million, compared to $118 million in the same period last year.

Free cash flow was $162 million. Free cash flow was $162 million, compared to $100 million in the same period last year.

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