Docebo Inc reports results for the quarter ended June 30 - Earnings Summary

• Docebo Inc DCBO.TO reported quarterly adjusted earnings of 29 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of seven analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 16 cents to 22 cents per share.

• Revenue rose 14.5% to $57.30 million from a year ago; analysts expected $57.09 million.

• Docebo Inc's reported EPS for the quarter was 10 cents​.

• The company reported quarterly net income of $3.08 million.

• Docebo Inc shares had risen by 0.5% this quarter and lost 35.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.5% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• Wall Street's median 12-month price target for Docebo Inc is $56.00, about 48.1% above its last closing price of $29.08

This summary was machine generated from LSEG data August 8 at 01:30 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)