Udemy

Udemy, Inc. operates online learning and teaching marketplace. It provides the tools that learners, instructors, and organizations need to achieve their goals. The firm operates through two segments: The Consumer segment targets individual learners seeking to obtain hands-on learning, gain valuable job skills to advance their professional careers, or learn a new personal skill. The Enterprise segment is focused on helping business and government customers upskill and reskill their employees and public servants. The company was founded by Eren Bali and Oktay Caglar in January 2010 and is headquartered in San Francisco, CA.

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Udemy exceeds Q4 expectations, eyes global growth and AI integration

Udemy's Q4 performance showcased revenue growth, margin improvement, and strategic realignment towards professional learners and operational efficiency.
While facing challenges from macroeconomic uncertainties and competitive pressures, Udemy's strengths in localized content and enterprise offerings position it well for future growth.
Opportunities lie in global expansion, AI integration, and M&A activities, offering avenues for Udemy to solidify its market position and drive profitability.

Udemy beats revenue expectations, eyes growth through AI integration

Udemy's Q1 2023 earnings call showcased strong financial performance, growth in the Business segment, and investments in AI for enhanced learning experiences.
While facing challenges like longer deal closures and churn pressure, Udemy is focused on seizing opportunities in international expansion, AI integration, and revenue growth strategies.
Overall, Udemy's outlook for the year remains positive, with a commitment to cost efficiency, revenue growth, and leveraging partnerships for sustained success.

Udemy posts robust Q2 earnings, eyes global expansion opportunities

Udemy reported strong Q2 results, adjusting revenue guidance to $712-720 million for 2023 and aiming for positive adjusted EBITDA for the full year.
Despite challenges, Udemy remains confident in its growth trajectory, emphasizing continuous learning and skills-based education as core values.
The company's strategic partnerships, financial performance, and focus on skills validation position it well for future expansion and market leadership.

Udemy surpasses Q3 expectations, eyes growth in certifications and AI

Udemy's Q3 2023 performance exceeded expectations, with positive financial indicators and a strong outlook for the full year.
The company's strengths lie in improved deal metrics, new global customer acquisitions, and strategic investments in AI and partnerships.
Challenges include concerns over consumer demand stability, instructor response to payout changes, and ongoing margin expansion efforts.
Opportunities for Udemy include post-transition growth in the instructor pool, international expansion, and focus on certifications for increased deal sizes.

Udemy reports strong Q4 results, eyes growth through skills development

Udemy's Q4 2023 earnings call highlighted strong performance, strategic investments, and partnerships for skills development.
Challenges in execution, softer consumer revenue, and elongated sales cycles were acknowledged, with a focus on overcoming them.
Opportunities lie in upskilling partnerships, ARR growth acceleration, and enterprise segment expansion for Udemy's future growth.
The company's focus on workforce skills development, AI proficiency, and operational efficiency sets a solid foundation for competitiveness.

Udemy reports strong Q1 earnings, eyes growth amid challenges

Udemy's Q1 2024 performance showed revenue growth and margin expansion, with a focus on enterprise relationships and AI course demand.
Challenges include retention rates and intensifying competition, while opportunities lie in future-oriented investments and leadership changes.
The company's strategic actions and financial strength position it well for continued growth and market leadership.
Despite challenges, Udemy remains optimistic about its trajectory and the evolving skills-based economy landscape.

Udemy surpasses revenue targets, shifts focus to enterprise growth

Udemy's Q2 2024 performance exceeded expectations, driven by strong revenue and EBITDA growth. While facing challenges in revenue growth due to macroeconomic factors, Udemy is strategically pivoting towards large enterprise customers for sustained profitability and expansion.

Udemy reports strong Q3 earnings, focuses on enterprise growth

Udemy's Q3 performance reflects strength in Udemy Business segment but challenges in consumer revenue, highlighting the need for diversification.
The company's strategic focus on large enterprise customers and operational efficiency positions it well for long-term growth and profitability.
Opportunities lie in AI-driven initiatives, revenue growth potential, and cost-saving measures to drive future performance and enhance shareholder value.

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Udemy is an online learning marketplace offering 200,000+ courses covering a wide range of topics. The e-learning market is predicted to reach $476 billion by 2027.

Udemy: A Differentiated Player In The E-Learning Space

Udemy, Inc. (NASDAQ:UDMY ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants Dennis Walsh - Vice President, Investor Relations Greg Brown - Chief Executive Officer Sarah Blanchard - Chief Financial Officer Conference Call Participants Ryan MacDonald - Needham Rob Oliver - Baird Terry Tillman - Truist David Lustberg - Jefferies Josh Baer - Morgan Stanley Devin Au - KeyBanc Capital Markets Operator Good afternoon, and welcome to Udemy's First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

Udemy, Inc. (UDMY) Q1 2023 Earnings Call Transcript

The headline numbers for Udemy, Inc. (UDMY) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Udemy, Inc. (UDMY) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Udemy, Inc. (UDMY) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.08 per share a year ago.

Udemy, Inc. (UDMY) Reports Q1 Loss, Tops Revenue Estimates

The latest report by Udemy highlights additional, surging workplace skills related to personal development, business and health The latest report by Udemy highlights additional, surging workplace skills related to personal development, business and health

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While the segment presents obvious risks, investors seeking to maximize their upside potential should consider targeting the best tech startups to watch. Aligned with some of the most innovative and relevant businesses, these attractive securities may have been beaten down because of consumer economy pressures last year.

The 7 Most Promising Tech Startups to Watch in Q2 2023

SAN FRANCISCO, April 12, 2023 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading destination for learning and teaching online, today announced it will report its first quarter 2023 financial results after the close of market on Wednesday, May 3, 2023. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m.

Udemy to Announce First Quarter 2023 Results on May 3

Udemy IR Access will provide valuable ongoing insights into the business through online channels, including an investor relations blog and compelling video content

Udemy Launches Innovative Investor Engagement Initiative

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Fireside Chat to be Webcast Live at 12:15 p.m. PT / 3:15 p.m. ET on March 7 Fireside Chat to be Webcast Live at 12:15 p.m. PT / 3:15 p.m. ET on March 7

Udemy to Present at Morgan Stanley's TMT Conference

Udemy, Inc. (NASDAQ:UDMY ) Q4 2022 Results Conference Call February 14, 2023 5:00 PM ET Company Participants Dennis Walsh - Vice President of Investor Relations Gregg Coccari - Chairman and Chief Executive Officer Greg Brown - President Sarah Blanchard - Chief Financial Officer Conference Call Participants Patrick Schulz - Baird Brett Knoblauch - Cantor Fitzgerald Ryan MacDonald - Needham Stephen Sheldon - William Blair Connor Passarella - Truist Securities Jason Celino - KeyBanc Capital Markets David Lustberg - Jefferies Tom Singlehurst - Citi Operator Good day. And welcome to the Udemy Fourth Quarter and Full Year 2022 Conference Call.

Udemy, Inc. (UDMY) Q4 2022 Earnings Call Transcript

Udemy, Inc. (UDMY) delivered earnings and revenue surprises of 30.43% and 0.29%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Udemy, Inc. (UDMY) Reports Q4 Loss, Misses Revenue Estimates

Total revenue increased 22% year-over-year for both the fourth quarter and full year Announced strategic actions to further accelerate path to profitability

Udemy Reports Fourth Quarter and Full Year 2022 Results

Udemy is now down nearly 60% from its all-time high in 2021. The online learning company is benefiting from the massive and fast-growing market, and Udemy Business is a huge growth driver.

Udemy: Heavily Discounted By The Market

Udemy, Inc. (UDMY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Udemy, Inc. (UDMY) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

The consensus price target hints at a 45% upside potential for Udemy, Inc. (UDMY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 44.96% Upside in Udemy, Inc. (UDMY): Can the Stock Really Move This High?

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Conference Call to be Webcast Live at 2 p.m. PT / 5 p.m. ET Conference Call to be Webcast Live at 2 p.m. PT / 5 p.m. ET

Udemy to Announce Fourth Quarter and Full Year 2022 Results on February 14

The average of price targets set by Wall Street analysts indicates a potential upside of 67.2% in Udemy, Inc. (UDMY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Wall Street Analysts Think Udemy, Inc. (UDMY) Could Surge 67.21%: Read This Before Placing a Bet

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Recognized as a top employer in the U.S. as well as in Austin, Colorado and San Francisco Recognized as a top employer in the U.S. as well as in Austin, Colorado and San Francisco

Udemy Named to Built In's Annual List of Best Places to Work

Online education platform Udemy Inc. UDMY, +0.98% on Monday said its chief executive would retire on Feb. 28, and said it would stick with its fourth-quarter sales outlook. Chief Executive Gregg Coccari will leave that position as well as the position of board chairman, the company said.

Udemy CEO to retire on Feb. 28, company keeps Q4 sales outlook

Chairman and CEO Gregg Coccari to retire at end of February 2023 Udemy Business President Greg Brown promoted to CEO role and will join Board of Directors Jeff Lieberman to be appointed Interim Chair of the Udemy Board of Directors Company provides updated Q4 2022 outlook Udemy to webcast fireside chat with leadership on Thursday, January 12

News for Udemy Stock (UDMY)