Udemy(UDMY)
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Udemy(UDMY) - 2023 Q4 - Earnings Call Transcript
2024-02-15 03:19
Company Participants Dennis Walsh - VP, IR Greg Brown - CEO Sarah Blanchard - CFO Conference Call Participants Udemy, Inc. (NASDAQ:UDMY) Q4 2023 Earnings Conference Call February 14, 2024 5:00 PM ET Another new customer that engaged Udemy during Q4 to support their L&D efforts is Airbus, a global aerospace and defense company. As Airbus is shifting focus towards becoming a technology company, rescaling and upscaling existing employees is fundamental. Udemy was selected as their partner due to our agile cont ...
Udemy, Inc. (UDMY) Q4 2023 Earnings Conference Call Transcript
Seeking Alpha· 2024-02-15 03:19
Udemy, Inc. (NASDAQ:UDMY) Q4 2023 Earnings Conference Call February 14, 2024 5:00 PM ET Company Participants Dennis Walsh - VP, IR Greg Brown - CEO Sarah Blanchard - CFO Conference Call Participants Stephen Sheldon - William Blair Curtis Nagle - Bank of America Ryan MacDonald - Needham & Company Josh Baer - Morgan Stanley Connor Passarella - Truist Securities Dave Lustberg - Jefferies Noah Herman - JPMorgan Brett Knoblauch - Cantor Fitzgerald Jeffrey Meuler - Baird Devin Au - KeyBanc Capital Markets Arvind ...
Compared to Estimates, Udemy, Inc. (UDMY) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-15 01:01
For the quarter ended December 2023, Udemy, Inc. (UDMY) reported revenue of $189.55 million, up 14.7% over the same period last year. EPS came in at $0.02, compared to -$0.16 in the year-ago quarter.The reported revenue represents a surprise of +2.07% over the Zacks Consensus Estimate of $185.71 million. With the consensus EPS estimate being -$0.02, the EPS surprise was +200.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...
Udemy, Inc. (UDMY) Surpasses Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-14 23:26
Udemy, Inc. (UDMY) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to loss of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 200%. A quarter ago, it was expected that this company would post a loss of $0.02 per share when it actually produced earnings of $0.05, delivering a surprise of 350%.Over the last four quarters, the company has ...
Udemy Announces Share Repurchase Program
Newsfilter· 2024-02-14 21:05
SAN FRANCISCO, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced its Board of Directors approved a share repurchase program, authorizing the purchase of up to $100 million of the Company's common stock, effective immediately. "This share repurchase program underscores the confidence that our Board and management team have in our business and the future of Udemy, and reinforces our commitment to deliver returns for Udemy sharehol ...
Udemy stock got boosted by analysts, massive growth at discounts
MarketBeat· 2024-02-13 11:16
Key PointsThe private education industry just saw its first boom for the quarter, potentially jumping into a newfound trend.There is more than one reason to consider Udemy a winner in this space; markets agree.Analysts boosted their targets, and markets are on board with a triple-digit growth story.5 stocks we like better than CourseraSome industries have been overdue for reform for a few years – more like decades, and private education is one of them. The curriculums and teachings that used to work may no ...
Will Udemy, Inc. (UDMY) Report Negative Earnings Next Week? What You Should Know
Zacks Investment Research· 2024-02-07 16:06
Wall Street expects a year-over-year increase in earnings on higher revenues when Udemy, Inc. (UDMY) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 1 ...
Udemy Named to Built In's Annual List of Best Places to Work in 2024
Newsfilter· 2024-01-09 16:00
SAN FRANCISCO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced its inclusion on Built In's prestigious annual list of Best Places to Work, ranking no. 17 on this year's list of top U.S. employers. For the second consecutive year, Udemy was recognized as an employer of choice across all of its regional office hubs, taking home a total of eight Built In Best Places to Work awards. "At Udemy, we are dedicated to transforming live ...
Udemy: Focus On Profitability Via Reduction In Instructor Incentive
Seeking Alpha· 2024-01-09 04:56
da-kuk/E+ via Getty Images Synopsis Udemy (NASDAQ:UDMY) is an online learning platform that offers a wide array of courses across various disciplines, catering to both individual learners and corporate clients. UDMY’s historical financials have shown robust revenue growth as it continues to grow at double-digit rates. Over the years, net loss has been contracting except for 2022, where it slightly expanded due to rising expenses. However, its debt level and interest expense are healthy, so there is a lo ...
Udemy to Present at Needham's 2024 Annual Growth Conference
Newsfilter· 2024-01-02 21:05
SAN FRANCISCO, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced that Chief Executive Officer Greg Brown and Chief Financial Officer Sarah Blanchard will participate in a fireside chat session during Needham's 2024 Annual Growth Conference. On Tuesday, January 16, 2024 at 7:15 a.m. PT / 10:15 a.m. ET, a live webcast of the fireside chat discussion will be available through the "Events & Presentations" section of Udemy's investor ...