Udemy Inc reports results for the quarter ended in June - Earnings Summary

Udemy

04/08/2023 06:08

* Udemy Inc  UDMY.OQ  reported a quarterly adjusted loss of
1
cent​​ per share for the quarter ended in June. The mean
expectation of ten analysts for the quarter was for a loss of 7
cents per share.
    * Revenue rose 16.4% to $178.24 million from a year ago;
analysts
expected $173.16 million. 
    * Udemy Inc's reported EPS for the quarter was a loss of 17
cents​.
    * The mean earnings estimate of analysts had risen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Udemy Inc shares had risen by 5.5% this quarter and
gained 7.3%
so far this year.
    * The company reported a quarterly loss of $25.74 million.
    * Wall Street's median 12-month price target for Udemy Inc
is
$13.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 4 at 05:07 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.07          -0.01          Beat
 Mar. 31 2023      -0.14          -0.06          Beat
 Dec. 31 2022      -0.23          -0.16          Beat
 Sep. 30 2022      -0.18          -0.15          Beat