Reports Q2 revenue $187.1M, consensus $180.52M. “Coursera’s (COUR) market opportunity continues to expand with the global demand to embrace new technology and skills. This quarter, we attracted more than seven million new learners looking to master emerging skills that can advance their careers,” said Coursera CEO Greg Hart. “We are executing at a renewed and rapid pace, increasing our revenue growth to 10% year-over-year and making strong early progress in delivering more meaningful customer experiences across our platform. Our second quarter performance marks an important step in laying the foundation for our next chapter of innovation and growth. We are raising our expectations for full year revenue and Adjusted EBITDA, and I am excited to build on this momentum as we move forward.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COUR:
- Coursera options imply 8.6% move in share price post-earnings
- Coursera appoints Grant Parsamyan as chief data officer
- Coursera’s Strong Q1 Performance and Strategic AI Investments Reinforce Buy Rating
- Coursera downgraded to Equal Weight from Overweight at Morgan Stanley
- Coursera appoints Supanc as Chief Product Officer