Docebo (TSE:DCBO) Releases Earnings Results

Docebo (TSE:DCBO) announced its quarterly earnings data on Friday. The company reported C$0.50 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$97.54 million during the quarter. Docebo had a return on equity of 90.80% and a net margin of 13.90%.

Docebo Trading Up 8.3%

Shares of TSE:DCBO opened at C$31.09 on Friday. Docebo has a 52-week low of C$19.87 and a 52-week high of C$45.62. The company has a market capitalization of C$789.16 million, a P/E ratio of 26.57 and a beta of -0.02. The company has a 50-day simple moving average of C$26.28 and a 200 day simple moving average of C$25.43. The company has a debt-to-equity ratio of -13,603.61, a quick ratio of 3.25 and a current ratio of 0.79.

Analyst Upgrades and Downgrades

Separately, ATB Cormark Capital Markets upped their target price on Docebo from C$35.00 to C$36.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of C$32.00.

Docebo Company Profile

Docebo Inc offers cloud-based learning platform for both internal and external enterprise learning with real time tracking of training results, optimizing time, and reducing costs associated with traditional learning methods. Geographically, it holds presence in five offices around the world, including locations in Europe, Asia and North America. The firm derives its revenues from two main sources: software as-a-service application (SaaS); and professional services revenue, which includes services such as initial project management, training, and integration.