Business TransitionThe company is accelerating the transition of its Consumer business to a subscription model due to encouraging adoption trends and stronger unit economics.
Revenue And ProfitabilityUdemy reported solid results, with revenue and profitability coming in ahead of consensus, driven by the adoption of innovative new products and increased engagement among Enterprise customers.
Strategic ExpansionUdemy's acquisition of Lummi enhances its creative capabilities, supporting greater retention through custom content and tools for Enterprise customers.