Online learning platform Coursera (NYSE:COUR) reported Q2 CY2024 results exceeding Wall Street analysts’ expectations , with revenue up 10.8% year on year to $170.3 million. On the other hand, next quarter’s revenue guidance of $173 million was less impressive, coming in 3.3% below analysts’ estimates. It made a GAAP loss of $0.15 per share, improving from its loss of $0.21 per share in the same quarter last year.
Is now the time to buy Coursera? Find out in our full research report.
Coursera (COUR) Q2 CY2024 Highlights:
-
Revenue: $170.3 million vs analyst estimates of $164.6 million (3.5% beat)
-
Adjusted EBITDA: $10.4 million vs analyst estimates of $1.2 million (large beat)
-
EPS: -$0.15 vs analyst estimates of -$0.17 (9.6% beat)
-
Revenue Guidance for Q3 CY2024 is $173 million at the midpoint, below analyst estimates of $178.8 million
-
The company reconfirmed its revenue guidance…
