Docebo Reports First Quarter 2021 Results
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Docebo Inc. (DCBO) Reports Q1 Loss of $0.17 on Revenues of $21.7M
May 13, 2021 6:36 AM EDTDocebo Inc. (NASDAQ: DCBO) reported Q1 EPS of ($0.17), versus $0.03 reported last year. Revenue for the quarter came in at $21.7 million, versus $13.53 million reported last year.
First Quarter 2021 Financial Highlights
Revenue of $21.7 million, an increase of 61% from the comparative period in the prior yearSubscription revenue of $19.8 million, representing 91% of total revenue, and an increase of 62% from the comparative period in the prior yearGross profit of $17.9 million, or 82% of revenue, a 300 bps improvement from the comparative period in the prior yearNet loss of $5.6 million, or $0.17 per... More