Udemy, Inc. (UDMY) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, UDMY's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross."There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term moving average. Typically, ...

Udemy, Inc. (NASDAQ: UDMY ) is a $1.5 billion edtech company that operates an online marketplace platform connecting consumers with tens of thousands of experts in different subject matters for the purposes of skill acquisition, development, as well as validation.I specialize in analyzing individual stocks. With a strong educational background in both finance and economics, I’ve developed a deep fascination with the stock market and the potential it offers to investors at all levels. I keep a close watch on ...

Udemy, Inc. (UDMY) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisi ...

(Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-40956 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K Udemy, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 27-177986 ...

Shares of online learning marketplace Udemy (UDMY 33.25%) skyrocketed on Friday after the company released strong financial results for the fourth quarter of 2024. As of 12:15 p.m. ET, Udemy stock was up a whopping 33%.Udemy's profits suddenly surgeAt first glance, investors seem to be overreacting with Udemy stock today. While it did beat expectations on the top and bottom lines, the numbers in isolation weren't necessarily inspiring. For revenue, Udemy generated $200 million, which was only up 5% year ove ...

Udemy, Inc. (NASDAQ:UDMY) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Dennis Walsh – Vice President-Investor Relations Greg Brown – Chief Executive Officer Sarah Blanchard – Chief Financial Officer Eren Bali – Founder and Chief Technology Officer Conference Call Participants Jason Tilchen – Canaccord Genuity Ryan MacDonald – Needham Josh Baer – Morgan Stanley Stephen Sheldon – William Blair Curtis Nagle – Bank of America Connor Passarella – Truist Yi Fu Lee – Cantor Fi ...

4Q & FY24 Earnings Presentation February 13, 2025 1 Safe Harbor Notice This presentation and any accompanying oral commentary include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements other than those of historical fact, including information concerning our future operating results and financial position, anticipated future expenses and investments, business strategies and plans, market growth, market posi ...

For the quarter ended December 2024, Udemy, Inc. (UDMY) reported revenue of $199.94 million, up 5.5% over the same period last year. EPS came in at $0.10, compared to $0.02 in the year-ago quarter.The reported revenue represents a surprise of +2.69% over the Zacks Consensus Estimate of $194.7 million. With the consensus EPS estimate being $0.07, the EPS surprise was +42.86%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Udemy, Inc. (UDMY) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this company would post earnings of $0.01 per share when it actually produced earnings of $0.07, delivering a surprise of 600%.Over the last four quarters, the company has su ...

Revenue Performance - Total revenue for the fiscal year 2024 increased by 8% year-over-year to $786.6 million, with a negative impact of 2 percentage points from foreign exchange rates[5] - Enterprise segment revenue for Udemy Business reached $494.5 million, reflecting an 18% year-over-year increase, also impacted by a 2 percentage point negative effect from foreign exchange rates[5] - Consumer segment revenue decreased by 5% year-over-year to $292.1 million, including a negative impact of 2 percentage points from foreign exchange rates[5] - Udemy's revenue for the three months ended December 31, 2024, was $199,942,000, representing a 5.8% increase from $189,545,000 in the same period of 2023[26] Profitability Metrics - Adjusted EBITDA for the fiscal year 2024 was $43.0 million, representing a 451% increase year-over-year[2] - The gross profit for the fiscal year ended December 31, 2024, was $491,940,000, up from $419,339,000 in 2023, indicating a growth of 17.3%[26] - Udemy reported a net loss of $85,288,000 for the fiscal year 2024, an improvement compared to a net loss of $107,294,000 in 2023, reflecting a reduction of 20.5%[30] - Gross profit for Q4 2024 was $127,205,000, an increase from $109,850,000 in Q4 2023, representing a growth of 15.0%[32] - Non-GAAP gross profit for the fiscal year 2024 reached $500,707,000, up from $429,245,000 in 2023, indicating a year-over-year increase of 16.7%[32] - The net loss for Q4 2024 was $9,864,000, a significant improvement compared to a net loss of $20,248,000 in Q4 2023, reflecting a reduction of 51.2%[34] - Non-GAAP net income for Q4 2024 was $15,531,000, compared to $3,824,000 in Q4 2023, marking an increase of 305.5%[34] - Adjusted EBITDA for Q4 2024 was $19,480,000, a substantial rise from $3,977,000 in Q4 2023, representing a growth of 388.5%[35] Customer Metrics - Total customers increased to 17,096, with nearly 1,400 net new Enterprise customers added in 2024[5] - Monthly average buyers in the consumer segment decreased by 4% year-over-year to 1.32 million[5] Cash Flow and Assets - The company experienced a net cash provided by operating activities of $53,043,000 in 2024, a significant turnaround from a net cash used of $2,005,000 in 2023[30] - The total current assets decreased to $506,328,000 as of December 31, 2024, down from $632,328,000 in 2023, a decline of 20%[28] - Cash and cash equivalents decreased to $190,592,000 from $305,564,000, representing a decline of 37.5% year-over-year[28] Liabilities and Expenses - Total liabilities increased to $408,234,000 as of December 31, 2024, compared to $384,304,000 in 2023, marking a rise of 6.2%[28] - Udemy's operating expenses for the fiscal year 2024 totaled $581,268,000, an increase from $541,234,000 in 2023, which is a rise of 7.4%[26] Strategic Initiatives - The company completed a $150 million share repurchase program, indicating confidence in its long-term strategy[5] - Udemy opened a new office in Mexico City to enhance operations in the LATAM market[5] Future Guidance - The company expects first quarter 2025 revenue to be between $195 million and $199 million, with full year 2025 revenue guidance of $787 million to $803 million[7] Share Metrics - The weighted-average shares used in computing net loss per share for 2024 were 151,320,497, compared to 150,098,776 in 2023, indicating a slight increase in shares[26] - The weighted-average shares used in computing non-GAAP net income per share, diluted, for Q4 2024 was 148,068,999, compared to 162,850,017 in Q4 2023[34] Margins - The gross margin for Q4 2024 improved to 64%, up from 58% in Q4 2023[32] - The net loss margin for Q4 2024 was -5%, an improvement from -11% in Q4 2023[35] - The adjusted EBITDA margin for Q4 2024 was 10%, compared to 2% in Q4 2023, showing a notable increase[35] Investment Metrics - Udemy's strategic investments decreased to $0 from $10,311,000 in 2023, reflecting a complete divestment in this area[28]