Docebo Q3 Adj EPS $0.15 Beats $0.06 Estimate, Sales $46.50M Beat $46.04M Estimate
Portfolio Pulse from Benzinga Newsdesk
Docebo reported Q3 adjusted earnings of $0.15 per share, beating the analyst consensus estimate of $0.06 by 150%. The company also reported quarterly sales of $46.50 million, beating the analyst consensus estimate of $46.04 million by 1.00%. This represents a 25.79% increase over sales of $36.97 million the same period last year.
November 09, 2023 | 11:58 am
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Docebo's Q3 earnings and sales exceeded analyst estimates, which could positively impact the company's stock price in the short term.
Docebo's Q3 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The 25.79% YoY increase in sales also indicates strong growth, which is another positive signal for investors.
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