07:54 AM EDT, 08/08/2025 (MT Newswires) -- Docebo ( DCBO ) , a learning platform provider, on Friday reported lower net income. but higher and better than expected adjusted earnings and revenues for the second quarter, while flagging a revenue beat in the third quarter too.

The company reported net income of US$3.1 million for the three-months ended June 30, compared with $4.7 million, a year earlier. Adjusted earnings per diluted share was $0.29 in Q2 compared with $0.26, in the prior-year period, beating consensus estimate compiled by FactSet of US$0.21 per share.

Total revenue for the quarter increased to US$60.7 million compared with US$53.1 million, a year-ago, beating consensus estimate compiled by FactSet of US$58.8 million.

"Docebo ( DCBO ) delivered a solid quarter, outperforming our guidance on both revenue and profitability while maintaining disciplined execution in a still-uncertain macro environment," said Docebo ( DCBO ) Chief Executive Alessio Artuffo. "We continue to invest with focus-advancing our AI-first strategy, strengthening our leadership team with the appointment of Mark Kosglow as Chief Revenue Officer, and achieving FedRAMP Moderate Authorization to expand our public sector reach."

For Q3, the company sees total revenue between US$61.0 million and US$61.2 million, above consensus estimate compiled by FactSet of US$60.0 million. Docebo ( DCBO ) also expects adjusted EBITDA as a percentage of total revenue between 19.0% to 19.5% and subscription revenue to be in-line with total revenue growth in Q3.

It revised its fiscal year 2025 forecasts and now expects subscription revenue growth of 10.75% to 11.75% from 10.0% to 11.0%, earlier, and total revenue growth between 10.0% to 11.0% from 9.0% to 10.0%, previously.

Shares of the company closed down 3.5% to C$40.00 on Thursday on the Toronto Stock Exchange.