Nerdy Announces First Quarter 2024 Financial Results
Nerdy Inc. Class A (NRDY)
Company Research
Source: Business Wire
Nerdy delivers revenue of $53.7 million in the first quarter, while also enabling access to the Varsity Tutors for Schools platform for 1.2 million students; bringing the total to 2.2 million studentsNerdy reaffirms previously provided full year 2024 revenue and non-GAAP adjusted EBITDA guidance ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY) today announced financial results for the first quarter ended March 31, 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240507294775/en/Nerdy Q1 2024 Financial Highlights (Graphic: Business Wire)“In the first quarter, the convergence of subscription business models and access-based products across Consumer and Institutional is allowing us to simplify our business and focus our efforts and resulted in revenue and non-GAAP adjusted EBITDA exceeding our guidance range, as well as positive operating cash flow. We had meaningful progress on expanding our freemium efforts with mor
Show less
Read more
Impact Snapshot
Event Time:
NRDY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NRDY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NRDY alerts
High impacting Nerdy Inc. Class A news events
Weekly update
A roundup of the hottest topics
NRDY
News
- Nerdy, Inc. (NYSE: NRDY) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $4.00 price target on the stock.MarketBeat
- Nerdy, Inc. (NYSE:NRDY) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Grayville Community School District 1 Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Learning Resources for All StudentsBusiness Wire
- Nerdy to Participate in J.P. Morgan ConferenceBusiness Wire
- Nerdy, Inc. (NYSE: NRDY) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $3.25 to $3.75. They now have a "neutral" rating on the stock.MarketBeat
NRDY
Earnings
- 5/7/24 - Beat
NRDY
Sec Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/7/24 - Form 10-Q
- NRDY's page on the SEC website