Coursera surges on strong full-year outlook
26/10/2023 22:38
** Coursera shares COUR.N jumps more than 18% to $20.34 in
extended trading after learning platform raises full-year
forecast
** Sees 2023 adjusted loss before interest, tax,
depreciation and amortization of about $15.7 mln from earlier
estimate of $19 mln-$24 mln
** Raises revenue forecast to $628 mln-$632 mln from earlier
expectation of $617 mln-$623 mln
** Reports Q3 revenue of $165.5 mln, above LSEG consensus
estimate of $158.9 mln
(Reporting by Yuvraj Malik)
((yuvraj.malik@thomsonreuters.com))