Docebo Stock Price, News & Analysis

Docebo Inc. (NASDAQ: DCBO) announced the results of its annual general meeting held on June 17, 2022. All seven nominees for the board of directors were elected, with voting results indicating strong support: Jason Chapnik received 92.85%, Claudio Erba 94.79%, and James Merkur 99.79%, among others. An ordinary resolution also passed to appoint KPMG LLP as auditors for the 2022 fiscal year. Detailed voting results are available on SEDAR and EDGAR.

Docebo Inc (NASDAQ:DCBO) announces participation in multiple investor conferences throughout 2022. Key dates include the Needham Technology & Media Conference on May 18, the CIBC Technology & Innovation Conference on May 25, and the Jefferies Software Conference on June 1, among others. These events aim to showcase Docebo's AI-powered learning solutions and engage with investors. For more details on these presentations, visit Docebo's investor relations page.

Docebo Inc. (NASDAQ: DCBO) reported strong financial results for Q1 2022, with revenue of $32.1 million, reflecting a 47% increase year-over-year. Subscription revenue, accounting for 91% of total revenue, also rose 47%. The company achieved a 55% growth in Annual Recurring Revenue (ARR), reaching $129.3 million. However, the net loss increased to $7.0 million, up from $5.6 million in Q1 2021. Docebo's customer base grew to 2,947, with significant new client acquisitions, including Bridgestone and a major cryptocurrency exchange.

Docebo Inc (NASDAQ:DCBO) has announced the appointment of Nina Simosko as Chief Sales Officer and Nicole Williams as Senior VP of Revenue Strategy & Operations. With over 40 years of combined experience, their roles aim to enhance sales force effectiveness and drive growth. Simosko's background includes leadership roles at Akerna and Nike, while Williams previously led strategy at Cornerstone OnDemand. Both executives will focus on aligning business processes and enhancing customer experience, aiming to solidify Docebo's leadership in AI-driven learning solutions.

Docebo Inc. (NASDAQ:DCBO) will host a conference call on May 12, 2022, at 8:00 a.m. ET to discuss its Q1 fiscal year 2022 results. The call will feature CEO Claudio Erba, President Alessio Artuffo, and CFO Sukaran Mehta, followed by a Q&A session. Financial results will be released earlier that morning. Interested parties can access the live webcast here or via dial-in numbers, including 416-764-8688.

Docebo Inc. (NASDAQ: DCBO) reported continued robust growth, with fiscal year revenue increasing by 66% to $104.2 million and fourth quarter subscription revenue rising 64% to $27.5 million. The net loss narrowed to $1.4 million or $0.04 per share, compared to a net loss of $4.1 million last year. Annual recurring revenue reached $117.7 million, a 59% growth. Despite challenges, the customer base grew to 2,805, driven by significant new accounts including Align Technology and BMW. However, adjusted EBITDA showed a loss of $8.0 million, worsening from a $2.6 million loss a year prior.

Docebo Inc. (NASDAQ: DCBO) has promoted Sukaran Mehta to Chief Financial Officer, effective immediately, after serving as Interim CFO since September 2021.

With over 14 years of experience in finance and technology, including previous roles at Finastra and RBC, Mehta aims to further the company’s growth and operational efficiency. CEO Claudio Erba praised Mehta's leadership, indicating confidence in his abilities to support Docebo's strategic goals and enhance its Learning Suite platform. This leadership change signals Docebo's commitment to sustainable, profitable growth.