Previous Close | 9.89 |
Open | 11.60 |
Bid | 9.79 x 100 |
Ask | 9.88 x 100 |
Day's Range | 9.76 - 11.60 |
52 Week Range | 8.46 - 16.01 |
Volume | |
Avg. Volume | 930,358 |
Market Cap | 1.503B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.71 |
Earnings Date | Aug 01, 2024 - Aug 05, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 15.38 |
Shares of online learning platform Udemy (NASDAQ:UDMY) jumped 16.3% in the pre-market session after the company reported first quarter results with revenue and EPS exceeding analysts' expectations. ARPU increased in Q1 and Udemy posted positive cash flow - those were the good news. On the other hand its revenue guidance for next quarter missed analysts' expectations and user growth is slow. Overall, we feel this was a mixed quarter for Udemy.
Udemy reports significant revenue and ARR growth, launches new AI skills pack, and faces leadership transitions and competitive pressures.
Although the revenue and EPS for Udemy (UDMY) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.