Online learning platform Coursera (NYSE:COUR) beat Wall Street’s revenue expectations in Q3 CY2024, with sales up 6.4% year on year to $176.1 million. On the other hand, next quarter’s revenue guidance of $176 million was less impressive, coming in 5.7% below analysts’ estimates. Its GAAP loss of $0.09 per share was also 44.9% above analysts’ consensus estimates.
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Coursera (COUR) Q3 CY2024 Highlights:
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Revenue: $176.1 million vs analyst estimates of $174 million (1.2% beat)
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EPS: -$0.09 vs analyst estimates of -$0.16 (44.9% beat)
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EBITDA: $13.34 million vs analyst estimates of $2.62 million (409% beat)
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Revenue Guidance for Q4 CY2024 is $176 million at the midpoint, below analyst estimates of $186.6 million
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EBITDA guidance for the full year is $37.5 million at the midpoint, above analyst estimates of…
