Docebo Inc. (DCBO) Tops Q2 EPS by 6c, provides guidance

Docebo Inc. (NASDAQ: DCBO) reported Q2 EPS of $0.26, $0.06 better than the analyst estimate of $0.20. Revenue for the quarter came in at $53.1 million versus the consensus estimate of $52.29 million.

GUIDANCE:

Docebo Inc. sees Q3 2024 revenue of $54-54.2 million, versus the consensus of $53.755 million.

Adjusted EBITDA as a percentage of total revenue between 15.0% to 15.5%

Management expects subscription revenue to grow about one percentage point higher than overall company revenue while professional services revenue to be down sequentially from Q2.

Docebo is providing revised financial guidance for the fiscal year ended December 31, 2024 as follows:

Total revenue growth between 18.0% to 19.0%
Adjusted EBITDA as a percentage of total revenue between 15.0% to 15.5%

For earnings history and earnings-related data on Docebo Inc. (DCBO) click here.

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