Docebo Inc reports results for the quarter ended December 31 - Earnings Summary

• Docebo Inc DCBO.TO reported quarterly adjusted earnings of 38 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of eight analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 18 cents to 26 cents per share.

• Revenue rose 15.7% to $57.04 million from a year ago; analysts expected $56.20 million.

• Docebo Inc's reported EPS for the quarter was 38 cents​.

• The company reported quarterly net income of $11.91 million.

• Docebo Inc shares had fallen by 16.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 17.3% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Docebo Inc is $60.00

This summary was machine generated from LSEG data February 28 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)