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Docebo Inc. (symbol: DCBO) is a leading provider of cloud-based e-learning solutions, transforming the online training landscape with its cutting-edge Learning Management System (LMS). Designed as a comprehensive and adaptable Software as a Service (SaaS) platform, Docebo LMS is chosen by major global companies to enhance operational efficiency and streamline training management.
Docebo's platform supports various forms of learning, including blended, social, and mobile initiatives. This robust solution enables organizations to manage, deliver, and track instructor-led training (ILT) and web-based training (WBT) effectively. With a subscription model that is typically structured for one to three years, Docebo charges based on a per-learner, per-module basis, accommodating the needs of organizations of all sizes.
In addition to its usability, Docebo LMS offers significant benefits such as scalability and a lower total cost of ownership (TCO). Its feature-rich, secure, and cloud-based architecture ensures that businesses can implement the LMS seamlessly and adapt it to their unique requirements.
Headquartered in North America, Docebo Inc. derives most of its revenue from this region, boasting strong financial health and numerous partnerships with respected organizations worldwide. The company's relentless focus on innovation and customer satisfaction has positioned it as a leader in the e-learning industry, helping businesses achieve their training and development goals efficiently.
For the latest updates and information on Docebo Inc., including performance reports and recent developments, visit our news section.
Docebo Inc (NASDAQ:DCBO) has announced the appointment of Nina Simosko as Chief Sales Officer and Nicole Williams as Senior VP of Revenue Strategy & Operations. With over 40 years of combined experience, their roles aim to enhance sales force effectiveness and drive growth. Simosko's background includes leadership roles at Akerna and Nike, while Williams previously led strategy at Cornerstone OnDemand. Both executives will focus on aligning business processes and enhancing customer experience, aiming to solidify Docebo's leadership in AI-driven learning solutions.
Docebo Inc. (NASDAQ:DCBO) will host a conference call on May 12, 2022, at 8:00 a.m. ET to discuss its Q1 fiscal year 2022 results. The call will feature CEO Claudio Erba, President Alessio Artuffo, and CFO Sukaran Mehta, followed by a Q&A session. Financial results will be released earlier that morning. Interested parties can access the live webcast here or via dial-in numbers, including 416-764-8688.
Docebo Inc. (NASDAQ: DCBO) reported continued robust growth, with fiscal year revenue increasing by 66% to $104.2 million and fourth quarter subscription revenue rising 64% to $27.5 million. The net loss narrowed to $1.4 million or $0.04 per share, compared to a net loss of $4.1 million last year. Annual recurring revenue reached $117.7 million, a 59% growth. Despite challenges, the customer base grew to 2,805, driven by significant new accounts including Align Technology and BMW. However, adjusted EBITDA showed a loss of $8.0 million, worsening from a $2.6 million loss a year prior.
Docebo Inc. (NASDAQ: DCBO) has promoted Sukaran Mehta to Chief Financial Officer, effective immediately, after serving as Interim CFO since September 2021.
With over 14 years of experience in finance and technology, including previous roles at Finastra and RBC, Mehta aims to further the company’s growth and operational efficiency. CEO Claudio Erba praised Mehta's leadership, indicating confidence in his abilities to support Docebo's strategic goals and enhance its Learning Suite platform. This leadership change signals Docebo's commitment to sustainable, profitable growth.
Docebo Inc. (NASDAQ:DCBO) has appointed Mike McCarthy as Vice President of Investor Relations. With over 40 years of experience, McCarthy previously served at Avaya, where he transformed the investor relations function. His tenure includes a leadership role at Mitel Networks preceding its acquisition by Searchlight Capital for $2 billion in November 2018. CFO Sukaran Mehta emphasized that McCarthy's expertise will be crucial in enhancing Docebo's relationships with investors and stakeholders as the company aims for growth through innovation.
Docebo (NASDAQ:DCBO) has been recognized as a Core Leader in the 2022 Fosway 9-Grid™ for Learning Systems, marking the fifth consecutive year of this accolade. The Fosway analysis assists enterprise learning professionals in evaluating solutions for learning systems. The company's global performance continues to accelerate, particularly in Europe, aided by new office openings such as in Munich. Docebo's commitment to product innovation and AI integration has been pivotal to its market leadership.
Docebo Inc. (Nasdaq:DCBO; TSX:DCBO) plans to hold a conference call on March 10, 2022, at 8:00 a.m. (ET) to discuss its fourth quarter and fiscal year 2021 results. The call will feature the CEO, COO, and CFO, followed by a Q&A session. Financial results will be disclosed in the morning prior to the call. Interested parties can join via dial-in numbers or a live webcast, which will be archived for 90 days. Investors can expect insights on the company's performance and strategic direction.
Docebo has acquired Skillslive, an educational consulting agency based in Melbourne, Australia, to enhance its presence in the Asia-Pacific (APAC) market. This strategic move is aimed at accelerating growth and supporting local customer needs with specialized talent and infrastructure. The acquisition is expected to improve service delivery and feedback collection from regional enterprise clients. Gavin Russell, Co-Founder of Skillslive, will become the Regional Leader, APAC.
Docebo has been named Pavilion’s first-ever Diamond Partner in a strategic partnership aimed at enhancing learner experiences for Pavilion’s 7,000+ members. This collaboration will leverage Docebo's AI-powered learning tools, providing additional training and certification opportunities. Pavilion University will be powered by Docebo, enhancing its offerings of valuable content and resources. This partnership also entails co-branded content and events, driving professional growth for Pavilion members.
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