U.S. stock futures were lower this morning, with the Dow futures falling around 0.1% on Tuesday.Shares of Semtech Corp (NASDAQ:SMTC) fell sharply in pre-market trading as the company reported mixed financial results for the third quarter of fiscal 2026.Semtech reported third-quarter revenue of $267 million, missing analyst estimates of $268.83 million. The company reported third-quarter adjusted earnings of 48 cents per share, beating estimates of 45 cents per share, according to Benzinga Pro.Semtech shares ...

This story was originally published on CFO Dive. To receive daily news and insights, subscribe to our free daily CFO Dive newsletter. Dive Brief: Online learning platform Coursera named Alphabet alum Michael Foley to the role of interim finance chief and treasurer effective immediately, the company said Monday in a press release and securities filing. The interim CFO appointment comes after the Mountain View, California-based company announced last month that its previous CFO, Ken Hahn, would be trans ...

Coursera, Inc. (NYSE:COUR) is one of the best EdTech stocks to buy now. On October 24, 2025, Wall Street started weighing in on Coursera following its Q3 print. Needham’s Ryan MacDonald reiterated a Buy with a $14 price target, staying constructive after the quarter and framing Coursera’s performance and reinvestment as supportive of the bull case. Needham Reiterates Buy on Coursera, Holds $14 Price Target ESB Professional/Shutterstock.com Coursera reported Q3 2025 results on October 23. Coursera’s Q3 ...

Core Insights - Ariel Sokol has over twenty years of experience in corporate finance, focusing on both established companies and startups [1] - Sokol founded Kolari Consulting, which specializes in strategy consulting for subscription and edtech businesses [1] - He previously held significant roles at Pearson, including VP of strategy and finance and General Manager of Institutional Business [1] - Sokol has experience as an equity research analyst on Wall Street, covering sectors such as education, software, and media [1] - He has served on the board of a for-profit university, indicating a strong background in the education sector [1]

Core Insights - Ariel Sokol has over twenty years of experience in corporate finance, focusing on both established companies and startups [1] - Sokol founded Kolari Consulting, which specializes in strategy consulting for subscription and edtech businesses [1] - He previously held significant roles at Pearson, including VP of strategy and finance and General Manager of Institutional Business [1] - Sokol has experience as an equity research analyst on Wall Street, covering sectors such as education, software, and media [1] - He has served on the board of a for-profit university, indicating a strong background in the education sector [1]

Financial Performance - Total revenue for Q3 2025 was $194.2 million, representing a 10% increase from $176.1 million in the same period last year[109]. - Gross profit was $106.0 million, compared to $96.2 million a year ago, with non-GAAP gross profit at $108.0 million, up from $98.1 million[109]. - Net loss narrowed to $(8.6) million from $(13.7) million a year ago, while non-GAAP net income remained stable at $16.7 million[109]. - Adjusted EBITDA increased to $15.6 million, compared to $13.3 million in the prior year[109]. - Revenue for the three months ended September 30, 2025 was $194.2 million, an increase of $18.1 million, or 10%, compared to $176.1 million for the prior-year quarter[123]. - Consumer revenue for the three months ended September 30, 2025 increased by $14.6 million, or 13%, primarily driven by growth in subscription revenue from Coursera Plus[124]. - Enterprise revenue for the three months ended September 30, 2025 increased by $3.5 million, or 6%, due to an increase in new customers[125]. - Gross profit for the three months ended September 30, 2025 was $106.0 million, representing a gross margin of 54.6%[131]. - Revenue for the nine months ended September 30, 2025 was $560.6 million, an increase of $45.1 million, or 9%, compared to $515.5 million for the same period in 2024[126]. - Gross margin for the nine months ended September 30, 2025 was 54.7%, an increase from 53.5% for the same period in 2024[135]. - Consumer revenue for the three months ended September 30, 2025, was $130.3 million, representing a year-over-year growth of 13% compared to $115.7 million in 2024[171]. - Enterprise revenue for the same period was $63.9 million, with a year-over-year growth of 6% from $60.4 million in 2024[171]. - Total revenue for the three months ended September 30, 2025, reached $194.2 million, reflecting a 10% increase from $176.1 million in 2024[171]. - Non-GAAP net income for the three months ended September 30, 2025, was $16.7 million, compared to $16.6 million in 2024[175]. - Free Cash Flow for the nine months ended September 30, 2025, was $80.5 million, an increase from $51.9 million in 2024[181]. - The net loss for the three months ended September 30, 2025, was $(8.6) million, an improvement from $(13.7) million in 2024[178]. Operational Metrics - The platform had approximately 191 million cumulative registered learners as of September 30, 2025[99]. - Total Registered Learners increased to 191 million as of September 30, 2025, representing an 18% year-over-year growth from 162 million[162]. - Paid Enterprise Customers grew to 1,724 as of September 30, 2025, reflecting a 10% year-over-year increase from 1,564[165]. - Net Retention Rate for Paid Enterprise Customers was 89% for both the three months ended September 30, 2025 and 2024, indicating stable customer retention[168]. - Operating expenses are incurred in local currencies, including British pound sterling, Canadian dollar, and Indian rupee[189]. - The company maintained a net retention rate for paid enterprise customers at 89% for both 2025 and 2024[169]. Expenses and Investments - Total operating expenses for the three months ended September 30, 2025 were $121.6 million, an increase of $3.7 million, or 3%, compared to $117.9 million for the prior-year quarter[136]. - Research and development expenses for the three months ended September 30, 2025 were $30.0 million, a decrease of $1.6 million, or 5%, compared to the prior-year quarter[137]. - Total stock-based compensation expense for the three months ended September 30, 2025 was $23.0 million, compared to $25.2 million for the prior-year quarter[121]. - Research and development expenses for the nine months ended September 30, 2025 were $88.8 million, a decrease of 11.1% from $99.9 million in the prior year[138]. - Sales and marketing expenses for the nine months ended September 30, 2025 increased to $187.8 million, up 7.8% from $174.7 million in the prior year, driven by higher performance marketing and advertising expenses[140]. - General and administrative expenses for the nine months ended September 30, 2025 decreased to $76.0 million, down 7.2% from $81.9 million in the prior year, primarily due to non-recurring expenses in the prior year[142]. - Net cash used in investing activities for the nine months ended September 30, 2025 was $22.4 million, primarily due to capitalized internal-use software costs and purchases of content assets[156]. Strategic Initiatives - The company reduced its global workforce by approximately 9% to create capacity for targeted investments and incremental profitability[108]. - The Enterprise segment is expected to drive growth through direct sales and data-driven insights from the Consumer platform[102]. - The company plans to expand its international operations and has tailored pricing and checkout options for local markets[118]. - New product innovations include AI-powered features such as Coach, Role Play, and Course Builder to enhance learning experiences[100]. - The shift to compensating content creators based on learner engagement rather than enrollment rates aims to incentivize the development of more engaging content[116]. Liquidity and Cash Flow - Cash and cash equivalents totaled $797.7 million as of September 30, 2025, serving as the principal source of liquidity[146]. - Net cash provided by operating activities for the nine months ended September 30, 2025 was $102.9 million, an increase of 35.1% from $76.2 million in the prior year[154]. Foreign Exchange Impact - The company has not entered into foreign currency hedging arrangements, but may consider it in the future[190]. - A hypothetical 10% increase in foreign exchange rates would impact loss before income taxes by $0.2 million, while a 10% decrease would impact it by $0.1 million for the three months ended September 30, 2025 and 2024[190].

Core Insights - The Q3 earnings season is starting, with high expectations due to record stock market levels, indicating that even strong earnings reports may not sustain market rallies [1] Group 1: Market Context - Stock markets are reaching new records, leading to heightened expectations for Q3 earnings [1] - The phrase "beat and raise" may not be sufficient to maintain market momentum during this earnings season [1] Group 2: Analyst Background - Gary Alexander has extensive experience in technology sectors, both on Wall Street and in Silicon Valley, and has been advising startups [1] - He has been a contributor to Seeking Alpha since 2017 and has been featured in various web publications [1]

Core Insights - Coursera significantly outperformed Wall Street's Q3 targets, posting adjusted earnings per share of $0.10 on sales of $194.2 million, exceeding analyst estimates of $0.08 and $190.3 million respectively [4] - Despite the positive sales performance and an increase in full-year sales guidance to between $750 million and $754 million, the stock price fell by 12.9% due to disappointing guidance on profitability metrics [2][4] Financial Performance - Coursera's revenue increased approximately 10% year over year in Q3, prompting the company to raise its full-year sales target [4] - For Q4, Coursera is targeting revenue between $189 million and $193 million, which is above Wall Street's expectation of $187.5 million [6] - The company's guidance for adjusted EBITDA in Q4 is between $7 million and $10 million, which is below Wall Street's target of approximately $10.2 million, raising concerns about weaker margins despite revenue growth [7] Market Reaction - The stock experienced a significant sell-off, dropping 12.9% in a day when the broader market indices, such as the S&P 500 and Nasdaq Composite, were up by 0.8% and 1.1% respectively [1][5] - The current market capitalization of Coursera is approximately $2 billion, with a current stock price of $9.18 [6]

Core Insights - The article emphasizes the importance of enabling Javascript and cookies in browsers to prevent access issues [1] Group 1 - The article suggests that users may face blocks if ad-blockers are enabled, indicating a need to disable them for proper access [1]

Core Insights - Coursera reported revenue of $194.2 million for the quarter ended September 2025, reflecting a year-over-year increase of 10.3% and surpassing the Zacks Consensus Estimate of $190.4 million by 2% [1] - The company's EPS remained stable at $0.10, matching the EPS from the same quarter last year, and exceeded the consensus estimate of $0.09 by 11.11% [1] Financial Performance Metrics - Paid Enterprise Customers reached 1,724, slightly above the average estimate of 1,715 [4] - Total Registered Learners increased to 191 million, surpassing the estimated 190.71 million [4] - Enterprise Revenue was reported at $63.9 million, exceeding the average estimate of $63.61 million, marking a year-over-year growth of 5.8% [4] - Consumer Revenue amounted to $130.3 million, significantly higher than the estimated $126.76 million, with a year-over-year increase of 27.4% [4] - Gross Profit from Enterprise was $44.5 million, slightly below the estimated $44.89 million [4] - Gross Profit from Consumer was reported at $79.7 million, exceeding the average estimate of $76.75 million [4] Stock Performance - Coursera's shares have declined by 11.4% over the past month, contrasting with a 0.2% increase in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]