Hey. Thanks so much. This is David Lustberg on for Brent. I wanted to ask about net dollar retention. It was down 800 basis points in 1Q last year, down another 800 basis points in 1Q this year. I know you guys donÂ't disclose gross retention. But maybe if you could just provide some color around the dynamics there. Is it more so pressure on your gross retention side, or is it just slower expansion commentary there would be helpful? Thank you. Sarah Blanchard Thanks for the question David. Our gross dollar ...

Udemy Reports First Quarter 2024 Results Udemy Business revenue grew 24% year-over-year Company now has more than 16,000 enterprise customers around the world Board authorizes $50 million expansion of share repurchase program to $150 million San Francisco, CA / May 2, 2024 - Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today reported results for the three-month period ended March 31, 2024. First Quarter 2024 Financial Results and Key Operating Data Summary (in millions, e ...

SAN FRANCISCO, April 12, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it will report its first quarter 2024 financial results after the close of market on Thursday, May 2, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. A link to the live webcast and recorded replay of the conference call will be available on the "Quarterly Results" section of Udemy's Investor ...

SAN FRANCISCO, April 12, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will report its first quarter 2024 financial results after the close of market on Thursday, May 2, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. A link to the live webcast and recorded replay of the conference call will be available on the “Quarterly Results” section of Udemy’s Investor ...

The partnership seeks to help millions of current and aspiring developers upskill on key Kubernetes disciplines to enhance their level of cloud native proficiency PARIS, March 21, 2024 /PRNewswire/ -- KubeCon + CloudNativeCon Europe -- The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, has partnered with Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform. Announced at KubeCon + CloudNativeCon Europe 2024, this new partn ...

SAN FRANCISCO, March 20, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it will host a virtual demonstration of Udemy's recently launched Intelligent Skills Platform, as well as a preview of the company's generative AI roadmap. The demonstration will be followed by a question-and-answer session with Udemy's Chief Product Officer, Prasad Raje. Date:Wednesday, April 3Time:8:00 a.m. PT / 11:00 a.m. ET   Individuals interested in particip ...

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced the launch of its GenAI Skills Pack to support organizations around the world with the rapid adoption and implementation of in-demand generative AI (GenAI) skills. The GenAI Skills Pack includes curated content, emerging skills, and learning paths correlated to specific objectives to empower organizations globally with the most effective and efficient way to develop GenAI skills i ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (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, 2023 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 Udemy, Inc. (Exact Name of Registrant as Specified in its Charter) (State or Other Ju ...

SOPA Images/LightRocket via Getty Images Overview I previously rated buy rating for Udemy (NASDAQ:UDMY) as I expected UDMY to continue growing EBITDA strongly, which support UDMY to trade at the same valuation as peers. My previous call recommendation played out well as the stock surged to $16 in mid-Dec 2023, surpassing my target price. I believe the share price decline post the result has presented another buying opportunity, as such, my recommendation for UDMY is a buy rating. I believe the issue with UD ...

Shares of online learning platform operator Udemy (UDMY -21.82%) sank on Thursday after the company reported its results for 2023's fourth quarter. Most of the numbers looked pretty good, but management's cautious outlook and gentle warning regarding operating expenses seem to have spooked the market. As of 1:15 p.m. ET, Udemy stock was down 23%.Good numbers overshadowed by fearsIn 2023, Udemy's revenue rose 16% to $729 million, boosted by higher-than-expected Q4 revenue of $190 million. And for the first t ...