10:11 AM EDT, 08/08/2024 (MT Newswires) -- Docebo ( DCBO ) climbed 7% in early trading Thursday after the Canadian artificial intelligence company reported Q2 adjusted earnings of $0.26 per diluted share, compared with $0.14 a year earlier.

Analysts polled by Capital IQ expected $0.22.

Revenue for the quarter ended June 30 was $53.1 million, compared with $43.6 million a year earlier.

Analysts surveyed by Capital IQ expected $52.3 million.

For Q3, the company is projecting revenue of $54.0 million to $54.2 million. Analysts are looking for $53.8 million.

The company raised its full-year revenue growth outlook to a range of 18% to 19%, compared with 17% to 18.5% previously.

Price: 39.09, Change: +2.59, Percent Change: +7.10