Docebo Q3 Adjusted Earnings, Revenue Rise; Q4 Outlook Issued, 2024 Guidance Lifted

MT Newswires Live11-08

Docebo (DCBO) reported Q3 adjusted earnings Friday of $0.27 per diluted share, up from $0.15 a year earlier.

Analysts polled by Capital IQ expected $0.25.

Revenue for the quarter ended Sept. 30 was $55.4 million, up from $46.5 million a year earlier.

Analysts surveyed by Capital IQ expected $54.2 million.

For Q4, the company expects revenue of $56 million to $56.2 million. Analysts surveyed by Capital IQ expect $56 million.

For 2024, the company raised its revenue growth expectation to 19.5%, up from a previous projection of 18% to 19%. Analysts surveyed by Capital IQ expect $214.5 million.

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