Coursera falls on weak full-year revenue forecast
29/04/2024 23:17
** Online learning platform Coursera's COUR.N shares fall
13% to $10.35 extended trading
** COUR expects 2024 revenue of $695 mln to $705 mln, below
analysts' expectation of $736.5 mln - LSEG data
** Reports Q1 revenue of $169.1 mln, missing est. of $170.4
mln
** Shares of peer education company Chegg CHGG.N also drop
5.6%, after it reports Q1 loss vs profit last year
(Reporting by Yuvraj Malik in Bengaluru)
((yuvraj.malik@thomsonreuters.com))