Udemy

Udemy, Inc. operates online learning and teaching marketplace. It provides the tools that learners, instructors, and organizations need to achieve their goals. The firm operates through two segments: The Consumer segment targets individual learners seeking to obtain hands-on learning, gain valuable job skills to advance their professional careers, or learn a new personal skill. The Enterprise segment is focused on helping business and government customers upskill and reskill their employees and public servants. The company was founded by Eren Bali and Oktay Caglar in January 2010 and is headquartered in San Francisco, CA.

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Udemy exceeds Q4 expectations, eyes global growth and AI integration

Udemy's Q4 performance showcased revenue growth, margin improvement, and strategic realignment towards professional learners and operational efficiency.
While facing challenges from macroeconomic uncertainties and competitive pressures, Udemy's strengths in localized content and enterprise offerings position it well for future growth.
Opportunities lie in global expansion, AI integration, and M&A activities, offering avenues for Udemy to solidify its market position and drive profitability.

Udemy beats revenue expectations, eyes growth through AI integration

Udemy's Q1 2023 earnings call showcased strong financial performance, growth in the Business segment, and investments in AI for enhanced learning experiences.
While facing challenges like longer deal closures and churn pressure, Udemy is focused on seizing opportunities in international expansion, AI integration, and revenue growth strategies.
Overall, Udemy's outlook for the year remains positive, with a commitment to cost efficiency, revenue growth, and leveraging partnerships for sustained success.

Udemy posts robust Q2 earnings, eyes global expansion opportunities

Udemy reported strong Q2 results, adjusting revenue guidance to $712-720 million for 2023 and aiming for positive adjusted EBITDA for the full year.
Despite challenges, Udemy remains confident in its growth trajectory, emphasizing continuous learning and skills-based education as core values.
The company's strategic partnerships, financial performance, and focus on skills validation position it well for future expansion and market leadership.

Udemy surpasses Q3 expectations, eyes growth in certifications and AI

Udemy's Q3 2023 performance exceeded expectations, with positive financial indicators and a strong outlook for the full year.
The company's strengths lie in improved deal metrics, new global customer acquisitions, and strategic investments in AI and partnerships.
Challenges include concerns over consumer demand stability, instructor response to payout changes, and ongoing margin expansion efforts.
Opportunities for Udemy include post-transition growth in the instructor pool, international expansion, and focus on certifications for increased deal sizes.

Udemy reports strong Q4 results, eyes growth through skills development

Udemy's Q4 2023 earnings call highlighted strong performance, strategic investments, and partnerships for skills development.
Challenges in execution, softer consumer revenue, and elongated sales cycles were acknowledged, with a focus on overcoming them.
Opportunities lie in upskilling partnerships, ARR growth acceleration, and enterprise segment expansion for Udemy's future growth.
The company's focus on workforce skills development, AI proficiency, and operational efficiency sets a solid foundation for competitiveness.

Udemy reports strong Q1 earnings, eyes growth amid challenges

Udemy's Q1 2024 performance showed revenue growth and margin expansion, with a focus on enterprise relationships and AI course demand.
Challenges include retention rates and intensifying competition, while opportunities lie in future-oriented investments and leadership changes.
The company's strategic actions and financial strength position it well for continued growth and market leadership.
Despite challenges, Udemy remains optimistic about its trajectory and the evolving skills-based economy landscape.

Udemy surpasses revenue targets, shifts focus to enterprise growth

Udemy's Q2 2024 performance exceeded expectations, driven by strong revenue and EBITDA growth. While facing challenges in revenue growth due to macroeconomic factors, Udemy is strategically pivoting towards large enterprise customers for sustained profitability and expansion.

Udemy reports strong Q3 earnings, focuses on enterprise growth

Udemy's Q3 performance reflects strength in Udemy Business segment but challenges in consumer revenue, highlighting the need for diversification.
The company's strategic focus on large enterprise customers and operational efficiency positions it well for long-term growth and profitability.
Opportunities lie in AI-driven initiatives, revenue growth potential, and cost-saving measures to drive future performance and enhance shareholder value.

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Udemy, Inc. (UDMY) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to loss of $0.16 per share a year ago.

Udemy, Inc. (UDMY) Surpasses Q4 Earnings and Revenue Estimates

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 you!

Udemy Reports Fourth Quarter and Full Year 2023 Results

Program authorizes the purchase of up to $100 million of company stock Program authorizes the purchase of up to $100 million of company stock

Udemy Announces Share Repurchase Program

Some industries have been overdue for reform for a few years – more like decades, and private education is one of them. The curriculums and teachings that used to work may no longer be valid in today's quickly changing economy and job market.

Udemy stock got boosted by analysts, massive growth at discounts

Evaluate the expected performance of Udemy, Inc. (UDMY) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Seeking Clues to Udemy, Inc. (UDMY) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Udemy, Inc. (UDMY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Udemy, Inc. (UDMY) Report Negative Earnings Next Week? What You Should Know

SAN FRANCISCO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced a series of generative AI (gen AI)-enabled offerings designed to support personalized learning and enhanced skills development. The comprehensive Udemy Intelligent Skills Platform will include Udemy AI Learning Assistant, Udemy AI Skills Mapping and several new enhancements for content creators/instructors, such as a gen AI-assisted Q&A feature.

Udemy Announces Generative AI Roadmap For Accelerated, Personalized Skills Development

First-of-its-kind “power skills” partnership offers the critical skills needed to succeed in tech The program blends soft skills courses like communication, collaboration and analytical thinking with the necessary technical competencies SAN FRANCISCO and SANTA CLARA, Calif., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, and ServiceNow (NYSE: NOW), the leading digital workflow company making the world work better for everyone, today announced that more than 75 of Udemy's “power skills'' courses will be integrated into ServiceNow's Now Learning platform to complement existing technology training.

ServiceNow Integrates Udemy “Power Skills” Courses into Now Learning to Complement Technology Training

SAN FRANCISCO, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will report its fourth quarter and full year 2023 financial results after the close of market on Wednesday, February 14, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m.

Udemy to Announce Fourth Quarter and Full Year 2023 Results on February 14

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SAN FRANCISCO, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Udemy  (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced its inclusion on Built In's prestigious annual list of Best Places to Work, ranking no. 17 on this year's list of top U.S. employers.

Udemy Named to Built In's Annual List of Best Places to Work in 2024

UDMY is an online learning platform that offers a wide range of courses for both individuals and businesses. UDMY's historical financials have shown robust revenue growth at double-digit rates. UDMY is focusing on improving its profitability through cost-saving initiatives, such as reducing instructors' subscription costs. Looking ahead, I expect its margins to improve.

Udemy: Focus On Profitability Via Reduction In Instructor Incentive

Fireside chat to be webcast live at 7:15 a.m. PT / 10:15 a.m. ET on January 16 Fireside chat to be webcast live at 7:15 a.m. PT / 10:15 a.m. ET on January 16

Udemy to Present at Needham's 2024 Annual Growth Conference

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Singapore, Singapore--(Newsfile Corp. - December 9, 2023) - Binaryoptions.com is an online resource in the binary trading space. In the latest development, the company announces the launch of its anticipated binary trading course on Udemy.

Binaryoptions.com Issued a Binary Trading Course on Udemy

Udemy, Inc. (UDMY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Udemy, Inc. (UDMY) Upgraded to Buy: Here's What You Should Know

Udemy, Inc. (UDMY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Udemy, Inc. (UDMY) Soars to 52-Week High, Time to Cash Out?

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November marked an exceptional month for stocks. Interest rate-sensitive sectors and stocks like Udemy (UDMY), Oscar Health (OSCR), Rocky Brands (RCKY) and Landsea Homes (LSEA) outperformed in the month.

November Marks Best Month Since 2022: 4 Best Sectors & Stock Picks

SAN FRANCISCO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released key insights ahead of the one-year anniversary of the launch of OpenAI's ChatGPT, revealing how global organizations and professionals have embraced and implemented generative artificial intelligence (AI) over the past year, providing an in-depth look into the impact of emerging technical skills in the workplace. “We believe Udemy was the first global learning platform to provide content on learning generative AI skills, with a ChatGPT course on Udemy just 11 days after its launch,” said Scott Rogers, Senior Vice President of Supply Strategy at Udemy.

ChatGPT's First Year: Udemy Data Highlights Unprecedented Global Demand for Generative AI Skills

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Partnership seeks to meet the growing demand and upskilling requirements for millions of cloud computing professionals worldwide Partnership seeks to meet the growing demand and upskilling requirements for millions of cloud computing professionals worldwide

Udemy Partners with Google Cloud as Inaugural Member of its New Cloud Endorsed Content Program

SAN FRANCISCO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- McLaren Racing and Udemy (Nasdaq: UDMY) today announced a multi-year partnership spanning the full McLaren physical racing portfolio. In a first-of-its-kind partnership, Udemy, a leading online skills marketplace and learning platform, will become the Official Learning and Skills Partner of McLaren Racing, including the McLaren Formula 1 Team, Arrow McLaren IndyCar Team, NEOM McLaren Formula E Team and NEOM McLaren Extreme E Team.

McLaren Racing and Udemy Announce Multi-Series Partnership

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Udemy, Inc. (NASDAQ:UDMY ) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Dennis Walsh - VP, IR Greg Brown - CEO Sarah Blanchard - CFO Conference Call Participants Ryan MacDonald - Needham & Company Stephen Sheldon - William Blair Jeffrey Meuler - Baird Noah Herman - JPMorgan Josh Baer - Morgan Stanley Dave Lustberg - Jefferies Brett Knoblauch - Cantor Fitzgerald Tom Singlehurst - Citi Connor Passarella - Truist Securities Devin Au - KeyBanc Capital Markets Operator Good day, and welcome to the Udemy's Third Quarter 2023 Earnings Conference Call. All participants will be in a listen-only mode.

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