Docebo (NASDAQ: DCBO; TSX:DCBO), a learning platform provider, on Friday reported a beat in adjusted profit and revenue for the fourth quarter, while also providing a lower-than-expected revenue outlook for the first quarter of 2025.

The company reported adjusted net income of US$8.7 million for the three months ended Dec. 31, compared with US$8.3 million, a year earlier. Q4 adjusted earnings per share diluted rose to US$0.28 from US$0.25 in the prior-year period. Q4 adjusted EPS beat consensus estimate compiled by FactSet of US$0.25.

Total revenue for the quarter rose 16% to US$57 million, beating consensus estimate compiled by FactSet of US$56.2 million.

The company said it had 3,978 customers at the end of last year, an increase from 3,759 customers at the end of 2023.

"Our AI-driven platform continues to differentiate Docebo with the capabilities to support complex, multi-use case requirements," said Docebo Chief Executive Alessio Artuffo. "Our competitive position continued to gain strength with the successful launch of three new products: AI Authoring, Advanced Analytics, and Communities. The positive response from customers and channel partners is strengthening our enterprise pipeline, setting us up for solid growth in the year ahead."

However, Docebo's Q1 total revenue outlook ranging between US$57 million and US$57.2 million, was lower-than-expected by analysts compiled by FactSet of US$58.6 million.

The company also expects total revenue growth this year of 11%-12% and subscription revenue growth of 11.5%-12.5%.

The U.S.-listed shares of the company were last seen down 0.1% at $37.29 in pre-market trading.