Why Udemy Stock Sank Like a Rock Today
The online learning platform company's operating losses could worsen in 2024.
Stay updated with breaking news from Udemy. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The online learning platform company's operating losses could worsen in 2024.
Online learning platform Udemy (NASDAQ:UDMY) reported Q4 FY2023 results topping analysts' expectations, with revenue up 14.6% year on year to $189.5 million. On the other hand, next quarter's revenue guidance of $194.5 million was less impressive, coming in 2.8% below analysts' estimates. It made a non-GAAP profit of $0.02 per share, improving from its loss of $0.16 per share in the same quarter last year.
Hi there, I've included both a Word and PDF version of the release so you can ensure the formatting appears correctly and access all hyperlinks. Thank...
Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...
Udemy today announced a series of gen AI-enabled offerings designed to support personalized learning and enhanced skills development....