Docebo (TSE:DCBO) has released an update.
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Docebo Inc. reported strong second quarter 2024 results with a significant 22% increase in total revenue and subscription revenue, reaching $53.1 million and $49.8 million respectively. The company also saw a substantial rise in net income to $4.7 million, a notable improvement from a net loss in the same period the previous year. These results highlight Docebo’s effective use of AI in the learning industry and signal promising growth as they prepare for their Inspire Conference.
For further insights into TSE:DCBO stock, check out TipRanks’ Stock Analysis page.