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Docebo Inc. Achieves Record Highs on Strong Earnings Report

Docebo Inc. (NASDAQ: DCBO) saw its shares soar to a new 52-week high following an impressive quarterly earnings report. The company exceeded expectations with earnings per share of $0.21, surpassing the consensus estimate by $0.12. With a net margin of 0.71% and a return on equity of 7.32%, Docebo reported revenue of $49.28 million for the quarter, beating analyst projections. Wall Street analysts have shown confidence in Docebo, with several firms raising their target prices and giving positive ratings to the stock. Institutional investors have also shown interest in Docebo, with notable increases in their stakes in the company. As Docebo continues to make strides in the market, investors and analysts are optimistic about its future growth potential.

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