07:36 AM EST, 02/28/2025 (MT Newswires) -- Docebo ( DCBO ) , a learning platform provider, on Friday reported a beat in adjusted profit and revenue for the fourth quarter, while also providing a lower-than-expected revenue outlook for the first quarter of 2025.

The company reported adjusted net income of US$8.7 million for the three months ended Dec. 31, compared with US$8.3 million, a year earlier. Q4 adjusted earnings per share diluted rose to US$0.28 from US$0.25 in the prior-year period. Q4 adjusted EPS beat consensus estimate compiled by FactSet of US$0.25.

Total revenue for the quarter rose 16% to US$57 million, beating consensus estimate compiled by FactSet of US$56.2 million.

The company said it had 3,978 customers at the end of last year, an increase from 3,759 customers at the end of 2023.

"Our AI-driven platform continues to differentiate Docebo ( DCBO ) with the capabilities to support complex, multi-use case requirements," said Docebo ( DCBO ) Chief Executive Alessio Artuffo. "Our competitive position continued to gain strength with the successful launch of three new products: AI Authoring, Advanced Analytics, and Communities. The positive response from customers and channel partners is strengthening our enterprise pipeline, setting us up for solid growth in the year ahead."

However, Docebo's ( DCBO ) Q1 total revenue outlook ranging between US$57 million and US$57.2 million, was lower-than-expected by analysts compiled by FactSet of US$58.6 million.

The company also expects total revenue growth this year of 11%-12% and subscription revenue growth of 11.5%-12.5%.

The U.S.-listed shares of the company were last seen down 0.1% at $37.29 in pre-market trading.