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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SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released its 2025 Global Learning & Skills Trends Report. Leveraging data from nearly 17,000 of Udemy's enterprise customers, this annual study explores the top themes and most in-demand skills shaping the future of learning and work. This year's report found that as organizations continue to lean into generative AI (GenAI), they're more invested in its specific, practical.

Udemy's Annual Report Finds Enterprises Are Leveraging GenAI to Maximize Productivity and Unblock Human-Powered Upskilling

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, announced the winners of its first global Udemy Learning Excellence Awards. This awards program honors organizations that are effectively empowering employees through personalized learning at scale to advance talent, reduce hiring costs, and enhance overall productivity. "We are incredibly proud to celebrate Udemy customers who have demonstrated excellence in creating innovative lear.

Udemy's Inaugural Learning Excellence Awards Honor Six Organizations Excelling in Skills-Best Practices

Udemy, Inc. (NASDAQ:UDMY ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Corporate Participants Dennis Walsh - Vice President, Investor Relations Greg Brown - Chief Executive Officer Sarah Blanchard - Chief Financial Officer Conference Call Participants Jason Tilchen - Canaccord Genuity Stephen Sheldon - William Blair Josh Baer - Morgan Stanley Ryan MacDonald - Needham & Company Terry Tillman - Truist Noah Herman - JPMorgan Yi Fu Lee - Cantor Fitzgerald Devin Au - KeyBanc Operator Good day and welcome to the Udemy's Third Quarter 2024 Conference Call. All participants will be in listen-only mode.

Udemy, Inc. (UDMY) Q3 2024 Earnings Call Transcript

The headline numbers for Udemy (UDMY) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Udemy (UDMY) Reports Q3 Earnings: What Key Metrics Have to Say

Udemy, Inc. (UDMY) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.05 per share a year ago.

Udemy, Inc. (UDMY) Tops Q3 Earnings and Revenue Estimates

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today unveiled its Q3 2024 Global Workplace Learning Index, highlighting emerging professional and technical skills as well as key learning trends across global organizations. This quarterly report provides insights into which skills are growing in demand and helps organizations stay ahead of the competition as they continue to navigate changing workforce dynamics, accelerated digita.

New Data Reveals Global Workforce is Prioritizing Skills to Enhance Productivity, Leadership, and GenAI Automation

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced a new suite of AI capabilities to help organizations create more dynamic and personalized learning programs at scale. The Udemy AI Assistant and Skills Mapping and AI-powered learning paths features are integral components of the company's Intelligent Skills Platform, providing a comprehensive, AI-powered learning solution to help make skills development easier, faste.

Udemy Launches Game-Changing AI Capabilities to Transform How Enterprises Learn and Grow

SAN FRANCISCO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will report its third quarter 2024 financial results after the close of market on Tuesday, October 29, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m.

Udemy to Announce Third Quarter 2024 Results on October 29

MEXICO CITY--(BUSINESS WIRE)--Udemy, a leading online skills marketplace and learning platform, today announced its plans to open a new office in Mexico City, Mexico. In response to the significant demand for personalized learning across Latin America (LATAM), the office will help Udemy better serve its growing base of over 1,000 customers currently in the region. The Mexico City office will also enable Udemy to scale operations, enabling the faster delivery of personalized, high-quality learni.

Udemy Announces New Regional Hub in Mexico to Support Global Expansion and Enhance Learning Experiences

Morgan Stanley analyst Josh Baer downgraded Udemy, Inc. UDMY to Underweight from Equal Weight, lowering the price forecast to $7.50 from $10.

Udemy Downgrade: Analyst Warns Of Negative Risk/Reward Profile While Demand Is Weak

Morgan Stanley has downgraded Udemy Inc (NASDAQ: UDMY) to ‘Underweight' from ‘Neutral' and reduced its price target to $7.50 from $10, implying a potential downside of 7% from the current trading price.

Morgan Stanley downgrades Udemy to Underweight: is more trouble ahead?

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced that it has been recognized with the highest grade for Overall Learning Content Solution in ISG Software Research's Buyers Guide for Learning Content Solutions. This ranking underscores Udemy's commitment to delivering innovative, impactful solutions in skills acquisition and validation, transforming lives through learning for more than 73 million learners and over 16.

ISG Software Research Recognizes Udemy as #1 Overall Learning Solution, Bestows Digital Innovation Award for Effective Skills Development

EDMONTON, Alberta--(BUSINESS WIRE)--Entos® Pharmaceuticals (Entos), a clinical-stage genetic medicines company committed to using its Fusogenix™ PLV™ technology to develop cures and improve the lives of patients and their families, today announced the publication of a research article in Cell. The article, titled “Safe and Effective Delivery of DNA and RNA Using Proteolipid Vehicles,” details the development of a novel delivery platform for nucleic acid medicines that overcomes the limitations.

New Article Published in Cell Describes the Safe and Effective Delivery of DNA and RNA Using Proteolipid Vehicles

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released a new research report, Gen Z in the Workplace: Welcoming the Next Generation. Recognizing the importance of Generation Z (Gen Z) for the future workforce, the new research based on responses from over 6,500 multi-generational learners challenges many stereotypical perceptions of Gen Z (defined in the report as people born between 1997 and 2012). Often depicted as “lazy.

New Research Finds 65% of Generation Z is Eager for Professional Development and Career Growth, Challenging Stereotypes Toward Newest Members of the Workforce

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced that Eren Bali, who co-founded Udemy in 2010 and served as the company's Chief Executive Officer (CEO) until 2014, has returned as Chief Technology Officer (CTO), effective August 12, 2024. Bali succeeds Venu Venugopal, who has served as Udemy's CTO since May 2019. Venugopal will continue serving in an advisory capacity to ensure a seamless transition. Bali will repor.

Udemy Founder Eren Bali Returns as Chief Technology Officer

SAN FRANCISCO--(BUSINESS WIRE)--Udemy, a leading online skills marketplace and learning platform, today announced a new self-serve toolkit, which seeks to help thousands of small- and medium-sized businesses (SMBs) accelerate skills acquisition by equipping them with a curated set of course recommendations to thrive in today's digital age. The “Udemy Business Course Collection for Small & Growing Businesses” includes a tailored set of course recommendations across 15 in-demand topics such a.

Udemy Introduces Enhanced Offering to Elevate Critical Skills for Growing Businesses

Shares have fallen nearly 25% after Q2 earnings, where management lowered its full-year revenue guidance by $21 million. Margin guidance for this year remains unchanged, with management anticipating substantial margin improvements in the mid-term and aiming to achieve an adjusted EBITDA margin of 20% in 2027. Though I see limited downside given the company's large net cash position and its expectation to reach profitability this year, the outlook for growth remains weak.

Udemy: Focusing On Margin Improvement Over Growth

SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released its Q2 2024 Global Workplace Learning Index. This quarterly report provides insights into which skills are growing in demand and helps organizations stay ahead of the competition worldwide. According to the World Economic Forum, many companies face mounting skills gaps hindering business growth. Coupled with the rapid rise of generative AI (GenAI), skills gaps are beco.

Soft Skills and Technology Certification Preparation Courses Are Surging as Organizations Shift to Skills-Based Talent Management Practices

Hackett Group

DALLAS--(BUSINESS WIRE)--CMCT announces Q2 2024 earnings.

Creative Media & Community Trust Corporation Reports 2024 Second Quarter Results

SINGAPORE--(BUSINESS WIRE)--Udemy, a leading online skills marketplace and learning platform, today announced that it will be making learning more accessible for millions of Singaporeans by providing them with flexible and continuous skills development and validation opportunities to optimize their career journeys and help future-proof the nation's workforce. Today, Singaporeans will be able to use their SkillsFuture Credit1 for a 12-month subscription plan for Udemy Business via the MySkillsFu.

Udemy Collaborates with Republic Polytechnic to Offer 27,000 SkillsFuture Credit Eligible Courses on Essential Skills

Chegg

Shares of Chegg Inc. dropped more than 17% in the after-hours session Monday after the edtech company reported better-than-expected second-quarter results but guided for lower revenue in the current quarter on the shadow of AI.

Chegg follows Udemy in calling for tougher times ahead for edtech companies

Udemy hit its guidance in the most recent quarter but lowered its outlook for the year. The company's subscription enterprise product is still growing, which is encouraging.

Why Udemy Stock Got Hammered Today

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Western Digital

U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Thursday.

Western Digital, Udemy, Teladoc Health And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

The headline numbers for Udemy (UDMY) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Udemy (UDMY) Q2 Earnings

Udemy, Inc. (NASDAQ:UDMY ) Q2 2024 Results Conference Call July 31, 2024 5:00 PM ET Company Participants Dennis Walsh - Vice President, Investor Relations Greg Brown - Chief Executive Officer Sarah Blanchard - Chief Financial Officer Conference Call Participants Thomas Shinske - Cantor Fitzgerald Ryan MacDonald - Needham & Company Dominique Manansala - Truist Securities Josh Baer - Morgan Stanley Steven Pawlak - Baird Noah Herman - JPMorgan Devin Au - Keybanc Operator Good day, and welcome to the Udemy Second Quarter 2024 Earnings Call. All participants will be in listen-only mode.

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