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UDMY — Udemy News Story

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Brief: Udemy Q1 Adjusted Net Income USD 5.3 Million Vs. IBES Estimate USD -2.74 Million

May 02 (Reuters) - Udemy Q1 revenue USD 196.8 million vs. IBES estimate USD
194.9 million.
* Q1 gross profit USD 120.6 million
* Q1 gross margin 61%
* Q1 adjusted EBITDA margin 3%
* Q1 adjusted gross margin 62%
* Q1 net income USD -18.3 million
* Q1 adjusted EBITDA USD 6.5 million vs. IBES estimate USD 389.3 thousand
* Q1 adjusted gross profit USD 122.9 million

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