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

Udemy

05/05/2022 05:04

* Udemy Inc  UDMY.OQ  reported a quarterly adjusted loss
of 8
cents​​ per share for the quarter ended in March. The mean
expectation of eleven analysts for the quarter was for a loss
of 14 cents per share.
    * Revenue was $152.22 million​;  analysts expected $146.67
million. 
    * Udemy Inc's reported EPS for the quarter was a loss of 18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 134.3% 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 fallen by 17.9% this quarter and
lost 47.6%
so far this year.
    * The company reported a quarterly loss of $25.65 million.
    * Wall Street's median 12-month price target for Udemy Inc
is
$24.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 5 at 04:04 a.m.  ​All
figures in US dollars unless otherwise stated