Docebo Stock Price, News & Analysis

Docebo (Nasdaq:DCBO; TSX:DCBO) has been recognized by renowned analyst Josh Bersin as a leader in revenue-generating learning for enterprises. With over 2,300 customers and a growth rate exceeding 60% year-over-year in Q1 2021, Docebo's recurring revenue stands at over $80 million, contributing to its $2 billion valuation. The recent launch of the Docebo Learning Suite enhances its offerings in the learning technology space, positioning the company for continued growth and potential market leadership.

Docebo Inc. (Nasdaq:DCBO; TSX:DCBO) announced a conference call to discuss its Q2 FY 2021 results on August 12, 2021, at 8:00 a.m. ET. The call will feature CEO Claudio Erba, President Alessio Artuffo, and CFO Ian Kidson. Financial results will be reported in the morning prior to the call. Investors can participate via dial-in numbers or a live webcast. A replay will be available until August 19, 2021 with a passcode of 272177. Docebo aims to transform enterprise learning experiences through its innovative technology solutions.

Docebo Inc. (NASDAQ: DCBO) held its annual general meeting on June 17, 2021, where all seven director nominees were elected successfully. Notably, Claudio Erba received 99.8% votes, while Jason Chapnik garnered 98.9%. An ordinary resolution to appoint KPMG LLP as auditors for the 2021 fiscal year passed with 97.3% approval. Voting results are available on SEDAR and EDGAR. Docebo aims to redefine enterprise learning through its innovative technology solutions.

Docebo (Nasdaq:DCBO; TSX:DCBO) has launched Docebo Learning Analytics, a business intelligence tool designed to enhance enterprise learning programs. This addition enables L&D professionals to analyze training data and connect it to tangible business outcomes. Following the March 2021 launch of the Docebo Learning Suite, this new tool further strengthens their offering by allowing organizations to prove the effectiveness of their learning initiatives. Andrea Lorenzon, SVP of Product, emphasized the commitment to supporting L&D challenges and driving strategic business decisions.

Docebo (Nasdaq: DCBO; TSX: DCBO) launched the Docebo Community, enhancing customer self-service and product improvement through user feedback. This platform allows users to connect, share best practices, and access essential resources for their learning programs. Customers can also engage with gamification features that reward participation. The launch follows the introduction of Docebo University and Docebo Help, which provide further educational resources. The initiative aims to improve the overall customer experience and foster collaboration within the learning community.

Docebo Inc. (NASDAQ: DCBO) reported strong financial performance for Q1 2021, achieving a 61% revenue growth to $21.7 million. Subscription revenue rose to $19.8 million, accounting for 91% of total revenue. The net loss was $5.6 million, compared to a net income of $0.7 million in Q1 2020. Annual Recurring Revenue surged to $83.4 million, marking a 60% increase year-over-year. The company expanded its customer base to 2,333, with a significant rise in average contract value. Key initiatives include the launch of the Docebo Learning Suite and new OEM partnerships.

Docebo (Nasdaq:DCBO) has partnered with First Tee, a youth development organization, to enhance its digital curriculum access for participants, parents, and coaches. This partnership will provide robust digital training solutions to over 150 chapters globally, ensuring effective adult learning for mentors. As a 'Cause Inspired Partner,' Docebo supports First Tee's mission of positively impacting youth through golf. The collaboration aligns with Docebo's values and aims to deepen engagement with families involved over time.

Docebo (Nasdaq:DCBO; TSX:DCBO) announces significant partnership expansions with four key players: Vartopia, Vinsys, Bluewater, and MHR. Vartopia will integrate Docebo’s learning suite into its partner portal, targeting over 500,000 partners. Vinsys aims to scale Docebo’s offerings in the Middle East and APAC. MHR will embed Docebo’s learning suite into its HR platforms. Lastly, Bluewater plans to deliver managed services using Docebo's technology. These partnerships are expected to enhance Docebo’s global market reach and bolster its enterprise solutions.

Docebo Inc. (NASDAQ:DCBO) has announced the promotion of Alessio Artuffo to President, retaining his position as Chief Revenue Officer. Claudio Erba, CEO, praised Artuffo’s instrumental role in the company's growth, especially in North America, where he scaled annual recurring revenue from $11 million in 2016 to $74 million in 2020.

Artuffo aims to drive ongoing growth and innovation in enterprise learning solutions, emphasizing over 50% annual growth since 2013. This strategic shift is expected to enhance shareholder value and foster a robust learning culture globally.