D2L reports Q3 results
Dec 10, 9:31 PM
DTOL:CADTLIF
- D2L Inc. reported a third-quarter revenue of $54.1 million, a slight decline of 0.4% compared to the previous year.
- The company anticipates annual revenues between $217 million and $218 million, reflecting a growth rate of around 6% for fiscal year 2025.
- This revenue forecast has been adjusted downward from earlier projections of $219 million to $221 million.
D2L Financial Update: Q3 Revenue Shows Slight Decline
D2L Inc. (DTOL:CA) reported a third-quarter revenue of $54.1 million, reflecting a minor decrease of 0.4% year-over-year.
Looking ahead, the company's annual financial forecast estimates revenues to fall between $217 million and $218 million. This projection indicates a growth rate of approximately 6% for the fiscal year 2025. This guidance has been slightly adjusted, down from an earlier expectation of $219 million to $221 million.