Financial PerformanceD2L is executing well in a challenging spending environment—with year-over-year margin expansion, a large Corporate win, AI products that are starting to be monetized, and a strong competitive position in its core higher-ed market.
Pipeline StrengthThe pipeline has been strengthening, helped in part by client discussions regarding add-on modules such as its Lumi AI offerings.
Revenue GuidanceManagement raised subscription revenue guidance and reiterated total revenue and EBITDA guidance, indicating confidence in future performance.