11:45 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 22%.

The company said its second-quarter adjusted profit, excluding most one-time items, came in at US$7.9 million, or US$0.26 per share, up from US$4.7 million, or US$0.14..

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.

Docebo's ( DCBO ) share price at last look were up $2.03 to $52.05 on the Toronto Stock Exchange.

Price: 52.20, Change: +2.18, Percent Change: +4.36