Udemy, Inc. (NASDAQ:UDMY ) Q4 2024 Earnings Conference Call February 13, 2025 5:00 PM ET Company Participants Dennis Walsh – Vice President-Investor Relations Greg Brown – Chief Executive Officer Sarah Blanchard – Chief Financial Officer Eren Bali – Founder and Chief Technology Officer Conference Call Participants Jason Tilchen – Canaccord Genuity Ryan MacDonald – Needham Josh Baer – Morgan Stanley Stephen Sheldon – William Blair Curtis Nagle – Bank of America Connor Passarella – Truist Yi Fu Lee – Cantor Fitzgerald Devin Au – Keybanc Capital Markets Operator Good day, and welcome to Udemy's Fourth Quarter and Full Year 2024 Conference Call. All participants will be in a listen-only mode.
The headline numbers for Udemy (UDMY) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Udemy, Inc. (UDMY) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.02 per share a year ago.
Get a deeper insight into the potential performance of Udemy (UDMY) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Udemy, Inc. (NASDAQ:UDMY ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Corporate Participants Dennis Walsh - Vice President, Investor Relations Greg Brown - Chief Executive Officer Sarah Blanchard - Chief Financial Officer Conference Call Participants Jason Tilchen - Canaccord Genuity Stephen Sheldon - William Blair Josh Baer - Morgan Stanley Ryan MacDonald - Needham & Company Terry Tillman - Truist Noah Herman - JPMorgan Yi Fu Lee - Cantor Fitzgerald Devin Au - KeyBanc Operator Good day and welcome to the Udemy's Third Quarter 2024 Conference Call. All participants will be in listen-only mode.
The headline numbers for Udemy (UDMY) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Udemy, Inc. (UDMY) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.05 per share a year ago.
Morgan Stanley analyst Josh Baer downgraded Udemy, Inc. UDMY to Underweight from Equal Weight, lowering the price forecast to $7.50 from $10.
Shares have fallen nearly 25% after Q2 earnings, where management lowered its full-year revenue guidance by $21 million. Margin guidance for this year remains unchanged, with management anticipating substantial margin improvements in the mid-term and aiming to achieve an adjusted EBITDA margin of 20% in 2027. Though I see limited downside given the company's large net cash position and its expectation to reach profitability this year, the outlook for growth remains weak.
Udemy hit its guidance in the most recent quarter but lowered its outlook for the year. The company's subscription enterprise product is still growing, which is encouraging.
U.S. stock futures were mixed this morning, with the Dow futures falling around 0.1% on Thursday.
The headline numbers for Udemy (UDMY) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.