Udemy(UDMY) - 2024 Q3 - Quarterly Results

Udemy Reports Third Quarter 2024 Results Delivered stronger-than-expected profitability driven by disciplined approach to operational efficiency Enterprise Segment Total Customers 16,848 15,378 10 % UB Annual Recurring Revenue $504.6$ 443.1 14 % UB Net Dollar Retention Rate 99 % 106 % (700) bps UB Large Customer Net Dollar Retention Rate104 % 114 % (1,000) bps Segment Revenue $126.1$ 109.1 16 % $364.3$ 306.0 19 % Segment Gross Profit $92.8$ 74.3 25 % $264.7$ 204.4 30 % Segment Gross Margin 74 % 68 ...