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Stock impact report

Docebo Reports Fourth Quarter and Fiscal Year 2023 Results [Yahoo! Finance]

Docebo Inc. - Common Shares (DCBO) 
Company Research Source: Yahoo! Finance
with a foundation in artificial intelligence (AI) and innovation, announced financial results for the three months and fiscal year ended December 31, 2023. All amounts are expressed in US dollars unless otherwise stated. "We are delighted to announce that our fourth quarter results surpassed our guidance for both revenue and profitability," commented Claudio Erba, Founder and Chief Executive Officer. "As we look ahead to 2024, we have an ambitious product roadmap and remain focused on driving innovation into the learner experience by leveraging AI throughout our platform." Fourth Quarter 2023 Financial Highlights Subscription revenue of $46.5 million, represented 94% of total revenue, an increase of 28% from the comparative period in the prior year. Total revenue of $49.3 million, an increase of 27% from the comparative period in the prior year. Gross profit of $40.0 million, an increase of 27% from the comparative period in the prior year, or 81.2% of revenue, compared to 8 Show less Read more
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