Why Docebo Stock Plummeted on Friday
Docebo(DCBO) The Motley Fool·2024-05-11 05:59
The Canadian company notched gains in important fundamentals, but there was a big caveat.On Friday, Docebo (DCBO -22.91%) took the wraps off its first quarterly earnings report of this year, and investors were none too pleased with it. This was despite double-digit -- or more -- increases in all-important subscription revenue, overall revenue, and profitability. The learning management platform operator's shares took a nearly 23% hit on the day as a result.Double-digit gains in key fundamentalsFor the quart ...