Brief: Nerdy Announces First Quarter 2023 Financial Results

Nerdy

09/05/2023 21:46

May 9 (Reuters) - Nerdy Inc  NRDY.N :
    * NERDY ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS
    * NERDY INC - FOR Q2 OF 2023, WE EXPECT REVENUE IN A RANGE
OF
$45-47 MILLION
    * NERDY INC - FOR FULL YEAR 2023, WE ARE RAISING OUR REVENUE
TARGETS TO $193-200 MILLION
    * NERDY INC - FOR Q2 OF 2023, WE EXPECT AN ADJUSTED EBITDA
LOSS IN
A RANGE OF $3 MILLION TO BREAKEVEN
    * NERDY INC - FOR FULL YEAR 2023, WE ARE RAISING OUR TARGETS
TO AN
ADJUSTED EBITDA LOSS IN RANGE OF $7 MILLION TO BREAKEVEN

Source text for Eikon:  ID:nBw68c8mPa 
Further company coverage:  NRDY.N 

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