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

Docebo

08/11/2024 16:21

* Docebo Inc  DCBO.TO  reported quarterly adjusted earnings
of 16
cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 12 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 21 cents per share. Wall Street
expected results to range from 16 cents to 29 cents per share.
    * Revenue rose 19.2% to $55.43 million from a year ago;
analysts
expected $54.15 million. 
    * Docebo Inc's reported EPS for the quarter was 16 cents​.
    * The company reported quarterly net income of $4.96
million.
    * Docebo Inc shares had risen by 18.8% this quarter and
gained 10.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5% 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 10 "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
$55.00 
This summary was machine generated from LSEG data November 8 at
04:20 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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.21           0.16           Missed
 Jun. 30 2024      0.13           0.15           Beat
 Mar. 31 2024      0.14           0.17           Beat
 Dec. 31 2023      0.10           0.10           Met