NASDAQ:UDMY - Nasdaq - US9026851066 - Common Stock - Currency: USD
Udemy (UDMY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at consumer subscription stocks, starting with Chegg (NYSE:CHGG).
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Udemy stock drops after announcing leadership changes, with Hugo Sarrazin named CEO, succeeding Greg Brown.
Learning a new business skill is an excellent way to break into an industry. Not only can it make yourself more attractive to employers, but it might even earn you more money and responsibility in...
Shares of online learning platform Udemy (NASDAQ:UDMY) jumped 32.6% in the afternoon session after the company reported strong fourth-quarter results, which beat across the key metrics we track, including sales, EBITDA, and earnings. It also provided optimistic EBITDA guidance for the next quarter, which outperformed analysts' expectations. Revenue grew year on year, driven by an 18% increase in the Enterprise segment, which offset a decline in the Consumer business. Gross margin expanded signif
Online learning platform Udemy (NASDAQ:UDMY) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 5.5% year on year to $199.9 million. On the other hand, next quarter’s revenue guidance of $197 million was less impressive, coming in 2.7% below analysts’ estimates. Its non-GAAP profit of $0.10 per share was 53.4% above analysts’ consensus estimates.
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.