Udemy Inc is an online learning and education platform that offers a vast selection of courses across various subjects, ranging from programming and business skills to personal development and creative arts
The platform allows individuals and organizations to create, share, and purchase courses, making quality education accessible to learners worldwide. With a focus on flexible and self-paced learning, Udemy empowers users to enhance their skills, advance their careers, and pursue personal growth through a diverse array of instructional content provided by experts and industry professionals.
Over the past six months, Udemy’s shares (currently trading at $7.44) have posted a disappointing 14.2% loss, well below the S&P 500’s 9.2% gain. This may have investors wondering how to approach the situation.
Looking back on consumer subscription stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Netflix (NASDAQNFLX) and its peers.
Coursera share price is hovering near its all-time low.similar to other edtech stocks, but the company has a strong balance sheet, and its business is on a path to profitability. Is it time to buy?
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Bumble (NASDAQBMBL) and the rest of the consumer subscription stocks fared in Q3.
Udemy and Coursera are turning around with AI-powered features and growing demand for upskilling, offering growth potential for investors in education stocks.
Online learning platform Udemy (NASDAQUDMY) reported Q3 CY2024 results beating Wall Street’s revenue expectations, with sales up 5.8% year on year to $195.4 million. On the other hand, the company expects next quarter’s revenue to be around $194.5 million, slightly below analysts’ estimates. Its non-GAAP profit of $0.07 per share was also 513% above analysts’ consensus estimates.
Udemy shares are trading lower after it reported second-quarter FY24 revenue growth of 9% Y/Y to $194.4 million, beating the consensus of $194.16 million.
