Workflow
Coursera,(COUR)
icon
Search documents
Coursera: Undervalued For Unique Growth Potential
Seeking Alpha· 2025-02-01 04:46
Group 1 - Gary Alexander has extensive experience in covering technology companies on Wall Street and working in Silicon Valley, which provides insights into current industry trends [1] - He has been a contributor on Seeking Alpha since 2017 and has been quoted in various web publications, indicating his influence in the investment community [1] - His articles are syndicated to popular trading apps like Robinhood, suggesting a broad reach to retail investors [1]
Coursera,(COUR) - 2024 Q4 - Earnings Call Presentation
2025-01-31 00:05
Investor Presentation Q4 2024 January 30, 2025 Disclaimer Non-GAAP Financial Measures In addition to financial information presented in accordance with GAAP, this presentation includes non-GAAP gross profit, non-GAAP net income, non-GAAP net income per share, Adjusted EBITDA, Adjusted EBITDA Margin, and Free Cash Flow, each of which is a non-GAAP financial measure. These are key measures used by our management to help us analyze our financial results, establish budgets and operational goals for managing our ...
Coursera (COUR) Q4 Earnings and Revenues Surpass Estimates
ZACKS· 2025-01-30 15:41
Core Viewpoint - Coursera reported quarterly earnings of $0.08 per share, exceeding the Zacks Consensus Estimate of $0.04 per share, marking a 100% earnings surprise [1] - The company also posted revenues of $179.18 million for the quarter, surpassing the Zacks Consensus Estimate by 1.46% [2] Financial Performance - Earnings per share (EPS) increased from $0.06 a year ago to $0.08 this quarter [1] - Revenues rose from $168.88 million in the same quarter last year to $179.18 million [2] - Coursera has surpassed consensus EPS estimates in all four of the last quarters [2] Market Performance - Coursera shares have increased approximately 12.7% since the beginning of the year, compared to a 2.7% gain in the S&P 500 [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.07, with expected revenues of $177.7 million [7] - For the current fiscal year, the consensus EPS estimate is $0.34 on revenues of $734.92 million [7] - The Technology Services industry, to which Coursera belongs, is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable outlook [8]
Coursera,(COUR) - 2024 Q4 - Annual Results
2025-01-30 13:32
Revenue and Growth - Full year revenue reached $695 million, with a 9% increase from $635.8 million in the prior year[5] - Fourth quarter total revenue was $179.2 million, up 6% from $168.9 million a year ago[6] - Paid Enterprise Customers increased to 1,612, an 18% rise from the previous year, with enterprise revenue up 7% to $62.3 million[13] - First quarter 2025 revenue is projected to be in the range of $173 to $177 million, with Adjusted EBITDA expected between $8 to $12 million[23] - Q4 2024 revenue reached $179.18 million, a 6.7% increase from $168.88 million in Q4 2023[36] - Full year 2024 revenue totaled $694.67 million, up 9.3% from $635.76 million in 2023[36] Profitability - Gross profit for the full year was $371.4 million, representing 53% of revenue, compared to 52% in the prior year[6] - Gross profit for Q4 2024 was $95.51 million, compared to $89.33 million in Q4 2023, reflecting a gross margin improvement[36] - Non-GAAP net income for the full year was $55.6 million, or 8.0% of revenue, a significant increase from $1.8 million or 0.3% in the prior year[6] - Non-GAAP net income for Q4 2024 was $13.3 million, compared to $9.5 million in Q4 2023, reflecting a year-over-year increase of 40.5%[42] - Adjusted EBITDA for the full year was $41.5 million, or 6.0% of revenue, compared to a loss of $(10.0) million in the prior year[6] - Adjusted EBITDA for Q4 2024 was $9.5 million, up from $5.7 million in Q4 2023, indicating a margin increase from 3% to 5%[43] Cash Flow and Financial Position - Free Cash Flow for the full year was $59 million, a significant increase from $7.9 million in the prior year[5] - Cash and cash equivalents increased to $726.13 million as of December 31, 2024, up from $656.32 million a year earlier[38] - Free cash flow for 2024 was $95.36 million, a significant increase from $29.64 million in 2023[40] - Net cash provided by operating activities for the year ended December 31, 2024, was $95.4 million, a substantial increase from $29.6 million in 2023[43] Losses and Expenses - Net loss for Q4 2024 was $21.61 million, slightly higher than the $20.36 million loss in Q4 2023[36] - Adjusted EBITDA for the year was not explicitly stated, but the company reported a loss from operations of $113.22 million for 2024[36] - The company reported a net loss margin of 12% for Q4 2024, consistent with the margin reported in Q4 2023[43] - Stock-based compensation expense for the year ended December 31, 2024, totaled $108.1 million, down from $115.2 million in 2023[43] - The company incurred $6.8 million in restructuring-related charges during Q4 2024, with no such charges reported in Q4 2023[43] Future Outlook - The company plans to provide more detailed full year 2025 outlook in the coming months following the leadership transition[15] - The company anticipates continued investment in product development and market expansion to drive future growth[34] Learner Metrics - The number of registered learners reached 168 million, with an addition of six million new learners in the fourth quarter[13]
If Online Education Has A Future, Coursera Is Positioned To Be In It
Seeking Alpha· 2025-01-30 07:15
Analyst Background - The analyst has a background as a former poker player and mathematics teacher, with a focus on researching and valuing companies since 2016 [1] - The analyst has initiated coverage on Coursera (NYSE: COUR) over the last 4 months and shares a Free Cash Flow valuation perspective [1] Disclosure - The analyst holds a beneficial long position in Coursera through stock ownership, options, or other derivatives [1] - The article expresses the analyst's own opinions and is not influenced by compensation or business relationships with mentioned companies [1]
⁠Best Online Courses with Certificates (2024): Coursera Recognized as Top Course Provider by Expert Consumers
GlobeNewswire News Room· 2024-12-17 21:00
Coursera's Position in Online Education - Coursera has been recognized as a top provider of online courses with certificates, setting a new standard in the online education space through its collaboration with leading universities and global companies [1] - The platform offers flexible learning options for students at all stages of their education, from beginners to professionals, and provides interactive hands-on projects and comprehensive career resources [8][9] Data Science Courses - The DeepLearning AI Data Engineering Professional Certificate offers a comprehensive pathway into data engineering, covering the entire data engineering lifecycle in four courses, with a focus on hands-on learning through AWS labs and essential skills like data management and pipeline creation [2] - The Google Cloud Data Analytics Professional Certificate prepares learners for cloud data analytics careers with five beginner-friendly courses, focusing on data management, transformation, and visualization using Google Cloud tools [3] Business Courses - The Adobe Content Creator Professional Certificate equips learners with skills in digital content creation, including design fundamentals, social media strategy, multimedia creation, and generative AI, along with hands-on projects and a complimentary three-month trial of Adobe Express [4] - The Microsoft Program Management Professional Certificate spans seven courses, covering program management frameworks, strategic leadership, stakeholder and risk management, and effective communication, preparing learners for certifications like PgMP and MSP [5] Computer Science Courses - The Microsoft Front-End Developer Professional Certificate is a six-course program covering HTML, CSS, JavaScript, C, UI/UX design, Blazor, and web security, with hands-on projects and coding assistance from Microsoft Copilot [6] - The Microsoft Back-End Developer Professional Certificate offers an eight-course curriculum covering C, the NET framework, database management, ASPNET security, and Azure Cloud deployment, with hands-on projects and integration of Microsoft Copilot [7] Coursera's Global Impact - Coursera, founded in 2012, has a global reach, serving over 148 million learners and collaborating with more than 7,000 campuses, businesses, and governments worldwide, offering a diverse range of courses, certifications, and degree programs [10][11] - The platform has played a pivotal role in providing education to underprivileged communities, including refugees, and achieved B Corp certification in February 2021, reflecting its commitment to creating a positive societal impact [11][12]
Coursera: Demand Should Accelerate Starting Next Year
Seeking Alpha· 2024-12-04 10:30
Investment Thesis - Coursera (NYSE: COUR) is expected to accelerate its growth to mid-teens in the next two years, driven by a more robust demand environment [1] - The company is considered undervalued with long-term growth potential, aligning with a value investing approach focused on quality companies trading below intrinsic value [1] Analyst's Perspective - The analyst has a buy rating on Coursera, emphasizing its potential for growth and value creation [1] - The investment strategy involves holding quality companies for the long term to benefit from compounding earnings and shareholder returns [1]
Coursera: Massive Cash Position, Some Growth, GAAP Unprofitable - A Step By Step Strategy
Seeking Alpha· 2024-11-29 18:54
Investment Strategy - The investment style is titled "Fundamental Options," combining fundamental analysis with options strategies [2] - Fundamental analysis is used to assess individual stocks and ETFs quantitatively and qualitatively [2] - Investment strategies include income-oriented (BDCs, Utilities), Growth At A Reasonable Price (Tech), Deep Value (Discounted Cash Flow), and Dividend Aristocrats [2] - Long-term stock investments are complemented by 20-25 options strategies for hedging, bullish substitutes, neutral trades, volatility trading, and earnings-related trades [2] Industry Focus - The online learning (eLearning) industry is favored due to secular tailwinds such as flexible schedules, reduced costs, and easier career development [1] Personal Engagement - The analyst has a beneficial long position in COUR through stock ownership, options, or other derivatives [3]
Coursera,(COUR) - 2024 Q3 - Quarterly Report
2024-11-06 21:58
Financial Performance - For the three months ended September 30, 2024, Coursera generated a net loss of $13.7 million, compared to a net loss of $32.1 million for the same period in 2023, resulting in a net loss margin of 8% and 19% respectively [98]. - For the nine months ended September 30, 2024, Coursera's net loss was $57.9 million, down from $96.2 million in the same period of 2023, with a net loss margin of 11% compared to 21% [98]. - Net loss for the three months ended September 30, 2024, was $13,689 thousand, compared to a loss of $32,090 thousand for the same period in 2023 [175]. - Non-GAAP net income for the three months ended September 30, 2024, was $16,609 thousand, while it was a loss of $2,147 thousand in the same period of 2023 [175]. - Adjusted EBITDA for the three months ended September 30, 2024, was $13,338 thousand, compared to a loss of $5,306 thousand in the same period of 2023 [179]. Revenue Growth - Revenue for the three months ended September 30, 2024, was $176.1 million, an increase from $165.5 million in the same period of 2023, representing a growth of approximately 1% [113]. - Revenue for the three months ended September 30, 2024, was $176.1 million, an increase of $10.5 million, or 6%, compared to $165.5 million for the same period in 2023 [117]. - Revenue for the nine months ended September 30, 2024, was $515.5 million, an increase of $48.6 million, or 10%, compared to $466.9 million for the same period in 2023 [121]. - Consumer revenue for the three months ended September 30, 2024, increased by $3.3 million, or 3%, totaling $102.3 million, with new learners contributing $41.2 million [118]. - Enterprise revenue for the three months ended September 30, 2024, increased by $5.5 million, or 10%, totaling $60.4 million, driven by new customer acquisitions [119]. - Degrees revenue for the three months ended September 30, 2024, increased by $1.7 million, or 15%, totaling $13.4 million, primarily due to an increase in the number of Degrees students [120]. Operating Expenses - The total operating expenses for the three months ended September 30, 2024, were $118.0 million, a decrease from $122.9 million in the same period of 2023 [113]. - Research and development expenses for the three months ended September 30, 2024, were $31.6 million, down 16% from $37.6 million in the prior year, primarily due to lower personnel-related expenses [132]. - General and administrative expenses for the three months ended September 30, 2024, were $27.4 million, an increase of 8% from $25.4 million in the prior year, mainly due to legal matters and personnel-related expenses [137]. - Sales and marketing expenses for the nine months ended September 30, 2024, increased to $174.7 million, up 6% from $164.7 million in the same period of 2023, driven by higher marketing and advertising expenses [135]. Cash Flow and Liquidity - Net cash provided by operating activities for the nine months ended September 30, 2024, was $76.1 million, significantly up from $18.1 million in the same period of 2023, reflecting improved operating leverage [150]. - Net cash provided by investing activities for the nine months ended September 30, 2024, was $41.7 million, a decrease from $240.7 million in the same period of 2023, primarily due to capitalized software costs and content asset purchases [153]. - As of September 30, 2024, the company had cash and cash equivalents totaling $719.4 million, serving as its principal source of liquidity [143]. - Total cash used in financing activities for the nine months ended September 30, 2024, was $54.3 million, down from $72.7 million in the same period of 2023 [155]. Learner Growth - As of September 30, 2024, Coursera had approximately 162 million registered learners on its platform [98]. - Total registered learners increased to 162.1 million, representing a year-over-year growth of 19% from 135.9 million [159]. - New registered learners for the nine months ended September 30, 2024, reached 20.2 million, up from 17.7 million in the same period of 2023, indicating a growth of 14.1% [159]. - The number of Degrees students rose to 26.4 thousand, reflecting a year-over-year growth of 29% from 20.4 thousand [162]. - Paid Enterprise Customers increased to 1,564, a 19% year-over-year growth from 1,315 [164]. Cost Management and Restructuring - Coursera plans to implement a restructuring initiative expected to generate at least $30 million in annualized structural cost savings, with a global workforce reduction of approximately 10% [101]. - The company recognized incremental operating expenses of $2.1 million related to the restructuring of its Enterprise segment sales force during the first quarter of 2024 [100]. - The company incurred significant and non-recurring legal matters amounting to $3,342 thousand in the three months ended September 30, 2024 [179]. Stock-Based Compensation - The company reported stock-based compensation expenses of $25.3 million for the three months ended September 30, 2024, compared to $27.9 million for the same period in 2023 [98]. - Total stock-based compensation expense for the nine months ended September 30, 2024, was $83.1 million, compared to $81.9 million for the same period in 2023 [114]. - Stock-based compensation expense for the three months ended September 30, 2024, was $25,267 thousand, compared to $27,853 thousand in the same period of 2023 [179]. Interest and Tax Expenses - Interest income for the three months ended September 30, 2024, was $9.4 million, a 6% increase from $8.9 million in the same period of 2023, attributed to higher interest rates [141]. - Income tax expense for the three months ended September 30, 2024, was $1.5 million, a 45% increase from $1.0 million in the same period of 2023, primarily related to foreign sourced income [142]. Market Sensitivity - A hypothetical 100 basis point increase in interest rates would have resulted in a $0.6 million decline in the fair value of the investment portfolio as of September 30, 2024 [189]. - A 10% increase or decrease in current exchange rates would have impacted the loss before income taxes by $0.1 million and $0.8 million for the three months ended September 30, 2024, and 2023, respectively [193].
Coursera Q3 Earnings: There Is Improvement But Uncertainty Remains
Seeking Alpha· 2024-10-25 19:56
分组1 - Coursera reported third-quarter earnings, achieving $176 million in revenues, which represents a 6.3% increase compared to the same quarter last year [1] - Despite beating both top and bottom line expectations, investor sentiment was not positive regarding the results [1]