FMP
Udemy, Inc.
UDMY
NASDAQ
Udemy, Inc. operates a marketplace platform for teaching and learning skills in the United States and internationally. The company offers technical and business skills, and personal development courses for individual learners and enterprise customers. Its platform provides 49 million learners with access to approximately 180,000 courses through direct-to-consumer or Udemy Business offerings in approximately 75 languages. The company's courses offer learning objectives, such as reskilling or upskilling in technology and business, and soft skills, as well as learners receive access to interactive learning tools comprising quizzes, exercises, and instructor questions-and-answers. Udemy, Inc. was incorporated in 2010 and is headquartered in San Francisco, California.
6.3 USD
-0.5 (-7.94%)
Latest UDMY News
Seeking Alpha
Aug 9, 2024
Udemy: Focusing On Margin Improvement Over Growth
Shares have fallen nearly 25% after Q2 earnings, where management lowered its full-year revenue guidance by $21 million. Margin guidance for this year remains unchanged, with management anticipating substantial margin improvements in the mid-term and aiming to achieve an adjusted EBITDA margin of 20% in 2027. Though I see limited downside given the company's large net cash position and its expectation to reach profitability this year, the outlook for growth remains weak.
Market Watch
Aug 5, 2024
Chegg follows Udemy in calling for tougher times ahead for edtech companies
Shares of Chegg Inc. dropped more than 17% in the after-hours session Monday after the edtech company reported better-than-expected second-quarter results but guided for lower revenue in the current quarter on the shadow of AI.
The Motley Fool
Aug 1, 2024
Why Udemy Stock Got Hammered Today
Udemy hit its guidance in the most recent quarter but lowered its outlook for the year. The company's subscription enterprise product is still growing, which is encouraging.
Benzinga
Aug 1, 2024
Western Digital, Udemy, Teladoc Health And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Thursday.
Zacks Investment Research
Jul 31, 2024
Here's What Key Metrics Tell Us About Udemy (UDMY) Q2 Earnings
The headline numbers for Udemy (UDMY) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Seeking Alpha
Jul 31, 2024
Udemy, Inc. (UDMY) Q2 2024 Earnings Call Transcript
Udemy, Inc. (NASDAQ:UDMY ) Q2 2024 Results Conference Call July 31, 2024 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 Thomas Shinske - Cantor Fitzgerald Ryan MacDonald - Needham & Company Dominique Manansala - Truist Securities Josh Baer - Morgan Stanley Steven Pawlak - Baird Noah Herman - JPMorgan Devin Au - Keybanc Operator Good day, and welcome to th...
Zacks Investment Research
Jul 31, 2024
Udemy, Inc. (UDMY) Reports Q2 Loss, Tops Revenue Estimates
Udemy, Inc. (UDMY) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to loss of $0.01 per share a year ago.
Market Watch
Jul 31, 2024
Udemy shifts focus to larger businesses as quarterly losses mount
Shares of Udemy Inc. tanked more than 14% in the after-hours session Wednesday after the online education company said it was switching gears toward large businesses as quarterly losses piled up and guidance also disappointed.
InvestorPlace
Jul 16, 2024
7 Oversold Tech Stocks Primed to Quintuple by 2025
Software and tech stocks, especially those in the sizzling AI and social media fields, have been the stars of the show. However, these high-flyers are just a sliver of the oversold tech stocks trading on the market today.
InvestorPlace
Jul 12, 2024
3 Stocks to Buy Based on Mary Meeker's AI Report
Mary Meeker, a prominent figure in the tech investment landscape, released a report last week urging a collaborative effort among the tech industry, government, and higher education institutions to accelerate artificial intelligence (AI) advancement, highlighting potential stocks to buy in the EdTech sector. The report emphasized the significance of the current moment, which Meeker describes as an “inflection point of epic proportions,” for the future of democracy and power dynamics globally.
