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Stock impact report

Udemy Earnings: What To Look For From UDMY [Yahoo! Finance]

Udemy, Inc. (UDMY) 
Company Research Source: Yahoo! Finance
Udemy beat analysts' revenue expectations by 1.9% last quarter, reporting revenues of $189.5 million, up 14.6% year on year. It was a weak quarter for the company, with underwhelming revenue guidance for the next quarter and slow revenue growth. It reported 1.37 million active buyers, flat year on year. Is Udemy a buy or sell going into earnings? Read our full analysis here, it's free This quarter, analysts are expecting Udemy's revenue to grow 10.5% year on year to $194.9 million, slowing from the 15.9% increase it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.01 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Udemy has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 2.4% on average. Looking at Udemy's peers in the consumer subscript Show less Read more
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