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0 -0.000190839694656586 0.00267175572519071 -0.00877862595419849 -0.000381679389313037 0.00706106870229003 0.00830152671755716 0.0374045801526716
Stock impact report

Docebo Shares Rally After Earnings Beat [MarketWatch]

Docebo Inc. - Common Shares (DCBO) 
Company Research Source: MarketWatch
In early morning trading, the shares were 13% higher at C$70.62 in Toronto, widening the advance over the last 12 months to 43%. On Nasdaq, the stock was up 13% at $52 and has now risen 45% on a year ago. Advertisement Docebo posted fourth-quarter net income of $3.2 million, or 10 cents a share, compared with $1.6 million, or 5 cents, a year earlier. On an adjusted basis, per-share earnings rose to 25 cents, beating the 12 cents expected by analysts polled by FactSet. Revenue for the quarter increased 27% to $49.3 million, ahead of the up to $48.5 million that Docebo forecast. Subscription revenue, which is by far the biggest segment for Docebo, saw a 28% rise in revenue while revenue for its professional services arm was up 4.2%. For the first quarter of the new year, the company said it expected revenue of between $51 million and $51.3 million. Write to Robb M. Stewart at robb.stewart@wsj.com Show less Read more
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