Shares of Docebo Inc. (DCBO) rose 13% on Friday after its fourth-quarter earnings and revenues beat Street estimates.
DCBO is trading at $51.92, up 13.16% or $6.04 per share, on the Nasdaq. It has traded between $29.40 and $54.00 in the past 52-week period.
The company reported a net income of $3.2 million or $0.10 per share for the quarter, an increase from last year's profit of $1.6 million or $0.05 per share.
On an adjusted basis, it reported income of $8.3 million or $0.26 per share, compared to the income of $3.4 million or $0.10 per share the prior year.
Analysts on average had expected the company to earn $0.08 per share, according to figures compiled by Thomson Reuters.
Revenue increased to $49.3 million from $31.4 million the previous year. It beat the consensus estimate of $48.4 million.
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