Brief: D2l Inc. Announces Second Quarter Fiscal 2023 Financial Results & Updated Outlook

D2L

07/09/2022 23:04

Sept 7 (Reuters) - D2l Inc  DTOL.TO :
    * . ANNOUNCES SECOND QUARTER FISCAL 2023 FINANCIAL RESULTS &
UPDATED OUTLOOK
    * TOTAL Q2 REVENUE GREW 12% YEAR OVER YEAR TO US$41.2
MILLION
    * SEES FY TOTAL REVENUE IN RANGE OF $168 MILLION TO $170
MILLION
    * QTRLY LOSS PER SHARE $0.09
    * CONTINUES TO SEE ROBUST LONG-TERM DEMAND FOR LEARNING
PLATFORMS
ACROSS ITS EDUCATION AND CORPORATE MARKETS
    * IS NOW EXPECTING A LOWER ADJUSTED EBITDA LOSS IN FISCAL
2023
    * Q2 EARNINGS PER SHARE VIEW $-0.12, REVENUE VIEW $42.4
MILLION --
REFINITIV IBES DATA
    * FY2023 REVENUE VIEW $176.1 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nCNWYsDL9a 
Further company coverage:  DTOL.TO 

 ((Reuters.Briefs@thomsonreuters.com;))