December 14, 2018

DocuSign reported strong growth in its third quarter of fiscal year 2019, despite reporting a GAAP net loss of $0.31 per basic and diluted share. The eSignature solution provider had $178.4 million in total revenue for the quarter ended October 31, 2018, representing a 37 percent increase year-over-year. Subscription revenue was $169.4 million, a 38 percent increase over the same period last year, and professional services and other revenue of $9.0 million, a 17 percent increase year-over-year. Subscription revenue represents 95 percent of DocuSign’s total revenue.