06:53 AM EDT, 08/08/2024 (MT Newswires) -- Docebo ( DCBO ) , a learning platform provider, on Thursday reported an increase in second-quarter adjusted net income as revenue rose about 22%.
Second-quarter adjusted net income came in at US$7.9 million, or US$0.26 per diluted share, rising from US$4.7 million, or US$0.14 per diluted share.
Total revenue rose to US$53.1 million from US$43.6 million. Adjusted EBITDA also increased to US$8 million from US$3.1 million.
Docebo ( DCBO ) said it is now used by 3,898 customers, an increase from 3,591 customers at the end of June.
For the third quarter, Docebo ( DCBO ) expects total revenue of between US$54 million and US$54.2 million, for a total revenue of growth of 18% to 19%. Subscription revenue is expected to grow about one percentage point higher than overall company revenue.