D2L, Inc. (TSE:DTOL) has released an update.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
D2L Inc. has reported a robust fiscal performance for the fourth quarter and full year of 2024, with an 11% increase in total revenue for the quarter and an 8% increase for the year. The company’s subscription and support revenue showed significant growth, and it achieved a 12% rise in Annual Recurring Revenue, alongside a notable improvement in operating cash flow and Adjusted EBITDA. This financial growth is attributed to new customer acquisitions, strong retention, and a focused expansion in the company’s core markets.
For further insights into TSE:DTOL stock, check out TipRanks’ Stock Analysis page.