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

Udemy

03/05/2023 23:40

* Udemy Inc  UDMY.OQ  reported a quarterly adjusted loss
of 6
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 rose 15.9% to $176.43 million from a year ago;
analysts
expected $170.93 million. 
    * Udemy Inc's reported EPS for the quarter was a loss of 31
cents​.
    * The mean earnings estimate of analysts had fallen by
about 42.3%
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 held steady so far this quarter and
lost 16.3% so far this year.
    * The company reported a quarterly loss of $44.54 million.
    * Wall Street's median 12-month price target for Udemy Inc
is
$16.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 10:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.14          -0.06          Beat
 Dec. 31 2022      -0.23          -0.16          Beat
 Sep. 30 2022      -0.18          -0.15          Beat
 Jun. 30 2022      -0.16          -0.10          Beat