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Udemy Inc reports results for the quarter ended March 31 - Earnings Summary

Udemy Inc UDMY.OQ reported quarterly adjusted earnings of 12 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 3 cents.  The mean expectation of twelve analysts for the quarter was for earnings of 10 cents per share. Wall Street expected results to range from 8 cents to 11 cents per share.

Revenue rose 1.8% to $200.30 million from a year ago; analysts expected $197.13 million.

Udemy Inc's reported EPS for the quarter was a loss of 1 cent​.

The company reported a quarterly loss of $1.77 million.

Udemy Inc shares had fallen by 11.0% this quarter and lost 16.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 23.6% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for Udemy Inc is $11.00

This summary was machine generated from LSEG data April 30 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.100.12Beat
Dec. 31 20240.070.10Beat
Sep. 30 20240.010.07Beat
Jun. 30 2024-0.01-0.04Missed

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