Coursera Inc is an online learning platform that provides access to a wide range of educational courses and programs from top universities and institutions worldwide
It offers various learning paths, including professional certificates, degree programs, and individual courses across multiple disciplines such as technology, business, and arts. Coursera aims to democratize education by making high-quality learning resources accessible to learners everywhere, enabling skill development and lifelong learning. Through its partnerships with leading universities and organizations, Coursera fosters an innovative online learning environment that empowers individuals and professionals to enhance their careers and improve their knowledge.
Shares of online learning platform Coursera (NYSECOUR) fell 12.7% in the afternoon session after the company reported underwhelming fourth quarter results. Its revenue and EBITDA guidance for the next quarter fell short of Wall Street's estimates. Growth has been weak in recent quarters, yet management offered no clear guidance for 2025. Instead, management expects the business to record positive overall growth in the year and plans to provide more detailed guidance in the coming months. Investors found this unconvincing, and the stock is down as a result.
Separately, the company announced that Greg Hart will take over as President and CEO, succeeding Jeff Maggioncalda, who will retire, effective February 3, 2025.
Online learning platform Coursera (NYSECOUR) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 6.1% year on year to $179.2 million. On the other hand, next quarter’s revenue guidance of $175 million was less impressive, coming in 1.8% below analysts’ estimates. Its non-GAAP profit of $0.08 per share was 82.2% above analysts’ consensus estimates.
Coursera, Inc. (NYSECOUR) today announced that Jeff Maggioncalda has decided to retire as President and Chief Executive Officer, and as a Member of the Board. Greg Hart has been named President and CEO, and Member of the Board, effective February 3, 2025.
Coursera, Inc. (NYSECOUR) today announced it will release its financial results for the fourth quarter and full year ended December 31, 2024 after the U.S. stock market closes on Thursday, January 30, 2025. The company will issue the results via a press release with accompanying consolidated financial information before holding a conference call broadcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
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?
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Coursera, Inc. (NYSECOUR) announces that it will host a virtual Q&A session on Wednesday, December 4, 2024 at 10:30 a.m. PT / 1:30 p.m. ET. Coursera’s chairman and co-founder, Andrew Ng, and William Blair Equity Research Analyst, Stephen Sheldon, will hold a conversation focused on generative AI and its impact on higher education, skills training, and Coursera’s approach to content and product innovation.
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