Udemy

Udemy, Inc. operates online learning and teaching marketplace. It provides the tools that learners, instructors, and organizations need to achieve their goals. The firm operates through two segments: The Consumer segment targets individual learners seeking to obtain hands-on learning, gain valuable job skills to advance their professional careers, or learn a new personal skill. The Enterprise segment is focused on helping business and government customers upskill and reskill their employees and public servants. The company was founded by Eren Bali and Oktay Caglar in January 2010 and is headquartered in San Francisco, CA.

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Udemy exceeds Q4 expectations, eyes global growth and AI integration

Udemy's Q4 performance showcased revenue growth, margin improvement, and strategic realignment towards professional learners and operational efficiency.
While facing challenges from macroeconomic uncertainties and competitive pressures, Udemy's strengths in localized content and enterprise offerings position it well for future growth.
Opportunities lie in global expansion, AI integration, and M&A activities, offering avenues for Udemy to solidify its market position and drive profitability.

Udemy beats revenue expectations, eyes growth through AI integration

Udemy's Q1 2023 earnings call showcased strong financial performance, growth in the Business segment, and investments in AI for enhanced learning experiences.
While facing challenges like longer deal closures and churn pressure, Udemy is focused on seizing opportunities in international expansion, AI integration, and revenue growth strategies.
Overall, Udemy's outlook for the year remains positive, with a commitment to cost efficiency, revenue growth, and leveraging partnerships for sustained success.

Udemy posts robust Q2 earnings, eyes global expansion opportunities

Udemy reported strong Q2 results, adjusting revenue guidance to $712-720 million for 2023 and aiming for positive adjusted EBITDA for the full year.
Despite challenges, Udemy remains confident in its growth trajectory, emphasizing continuous learning and skills-based education as core values.
The company's strategic partnerships, financial performance, and focus on skills validation position it well for future expansion and market leadership.

Udemy surpasses Q3 expectations, eyes growth in certifications and AI

Udemy's Q3 2023 performance exceeded expectations, with positive financial indicators and a strong outlook for the full year.
The company's strengths lie in improved deal metrics, new global customer acquisitions, and strategic investments in AI and partnerships.
Challenges include concerns over consumer demand stability, instructor response to payout changes, and ongoing margin expansion efforts.
Opportunities for Udemy include post-transition growth in the instructor pool, international expansion, and focus on certifications for increased deal sizes.

Udemy reports strong Q4 results, eyes growth through skills development

Udemy's Q4 2023 earnings call highlighted strong performance, strategic investments, and partnerships for skills development.
Challenges in execution, softer consumer revenue, and elongated sales cycles were acknowledged, with a focus on overcoming them.
Opportunities lie in upskilling partnerships, ARR growth acceleration, and enterprise segment expansion for Udemy's future growth.
The company's focus on workforce skills development, AI proficiency, and operational efficiency sets a solid foundation for competitiveness.

Udemy reports strong Q1 earnings, eyes growth amid challenges

Udemy's Q1 2024 performance showed revenue growth and margin expansion, with a focus on enterprise relationships and AI course demand.
Challenges include retention rates and intensifying competition, while opportunities lie in future-oriented investments and leadership changes.
The company's strategic actions and financial strength position it well for continued growth and market leadership.
Despite challenges, Udemy remains optimistic about its trajectory and the evolving skills-based economy landscape.

Udemy surpasses revenue targets, shifts focus to enterprise growth

Udemy's Q2 2024 performance exceeded expectations, driven by strong revenue and EBITDA growth. While facing challenges in revenue growth due to macroeconomic factors, Udemy is strategically pivoting towards large enterprise customers for sustained profitability and expansion.

Udemy reports strong Q3 earnings, focuses on enterprise growth

Udemy's Q3 performance reflects strength in Udemy Business segment but challenges in consumer revenue, highlighting the need for diversification.
The company's strategic focus on large enterprise customers and operational efficiency positions it well for long-term growth and profitability.
Opportunities lie in AI-driven initiatives, revenue growth potential, and cost-saving measures to drive future performance and enhance shareholder value.

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Fireside Chat to be Webcast Live at 7:15 a.m. PT / 10:15 a.m. ET on January 12 Fireside Chat to be Webcast Live at 7:15 a.m. PT / 10:15 a.m. ET on January 12

Udemy to Present at the 25th Annual Needham Growth Conference

Global learning company continues expansion in the region through multiple alliances to optimize skill development opportunities Global learning company continues expansion in the region through multiple alliances to optimize skill development opportunities

Udemy Announces New Customers And Partnerships In Latin America To Upskill Learners And Empower Organizations

Honored for its commitment to providing employees with effective programs and valuable benefits in support of parents and caregivers Honored for its commitment to providing employees with effective programs and valuable benefits in support of parents and caregivers

Udemy Recognized as a Top Workplace for Parents by Great Place to Work®

Udemy is disrupting the legacy "learning" industry. Udemy has strong content generation capability.

Udemy: Strong Flywheel Effect And First Mover Advantage

• Plans to reach adjusted EBITDA breakeven by 2024 • Updates long-term targets to reflect continued growth of Udemy Business

Udemy to Provide Strategic and Financial Outlook Update at 2022 Virtual Investor Day

MELBOURNE, Australia, Nov. 09, 2022 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading destination for learning and teaching online, today announced Melbourne as its regional business hub in Australia, signaling further investment in growing its presence in the Asia-Pacific (APAC) region.

Udemy Experiences High Growth Across Asia-Pacific Region and Melbourne Hub

Udemy, Inc. (NASDAQ:UDMY ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Dennis Walsh - Vice President-Investor Relations Gregg Coccari - President & Chief Executive Officer Sarah Blanchard - Chief Financial Officer Greg Brown - President-Udemy Business Conference Call Participants Rob Oliver - Baird Ryan MacDonald - Needham Stephen Sheldon - William Blair Connor Passarella - Truist Josh Baer - Morgan Stanley Devin Au - KeyBanc Brent Thill - Jefferies Operator Welcome to Udemy's Third Quarter 2022 Earnings Conference Call. There will be an opportunity to ask questions after the prepared remarks.

Udemy, Inc. (UDMY) Q3 2022 Earnings Call Transcript

Udemy, Inc. (UDMY) delivered earnings and revenue surprises of 16.67% and 2.10%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Udemy, Inc. (UDMY) Reports Q3 Loss, Tops Revenue Estimates

Udemy, Inc. went public in October 2021, raising approximately $421 million in an IPO. The firm operates online learning platforms for consumers and businesses worldwide.

Udemy Business Grows As Macroeconomic Clouds Gather And Losses Mount

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“2023 Workplace Learning Trends Report” shows 49% annual increase in hours spent learning technical skills “2023 Workplace Learning Trends Report” shows 49% annual increase in hours spent learning technical skills

New Udemy Report Confirms Upskilling and Learning Remain Top Priorities for Employees in Today's Competitive Job Market

Conference Call to be Webcast Live at 2 p.m. PT / 5 p.m. ET Conference Call to be Webcast Live at 2 p.m. PT / 5 p.m. ET

Udemy to Announce Third Quarter 2022 Results on November 2

SAN FRANCISCO, Oct. 06, 2022 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading destination for learning and teaching online, today announced it will host a virtual Investor Day on Thursday, November 17 at 9 a.m. PT. The event will include presentations from members of Udemy's senior leadership team followed by a live question-and-answer session with analysts.

Udemy to Host Virtual Investor Day on November 17, 2022

Exclusive partnership with RBL brings Udemy Business' dynamic content taught by well-known instructors at top-ranked universities Exclusive partnership with RBL brings Udemy Business' dynamic content taught by well-known instructors at top-ranked universities

Udemy and The RBL Group partner to unlock leadership development opportunities for organizations

As an AWS Partner Network member, Udemy supports AWS adoption, innovation and outcomes in organizations As an AWS Partner Network member, Udemy supports AWS adoption, innovation and outcomes in organizations

Udemy To Harness Power of Cloud Technology Through Work With AWS

Global company brings digital opportunities for learning and teaching to millions of Vietnamese people Global company brings digital opportunities for learning and teaching to millions of Vietnamese people

Udemy and FUNiX Announce Strategic Partnership To Deliver Skills-Based Learning in Vietnam

Exclusive Partnership with Sanjieke to Advance Economic Opportunity for Learners, Instructors and Organizations Exclusive Partnership with Sanjieke to Advance Economic Opportunity for Learners, Instructors and Organizations

Udemy Continues Global Expansion with a Focus on Professional Development in China

Udemy has been more consistent than competitors like Coursera lately growing, thanks to the contribution from enterprise, which almost dominates the mix. The theoretical economics of a business like Udemy's remain attractive as a platform business.

Udemy Winning Out Over Coursera Lately

Global learning company and local publishing powerhouse are providing dynamic content for effective skill development in Japan Global learning company and local publishing powerhouse are providing dynamic content for effective skill development in Japan

Udemy, Benesse and the Tokyo Metropolitan Government Offer Quality Education to SMEs in Tokyo

Udemy, Inc. (NASDAQ:UDMY ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Stacey Hara - SVP, Corporate Communications Gregg Coccari - Chairman and CEO Sarah Blanchard - CFO Conference Call Participants David Lustberg - Jefferies Robert Oliver - Baird Terry Tillman - Truist Devin Au - KeyBanc Josh Baer - Morgan Stanley Brett Knoblauch - Cantor Fitzgerald Matthew Shea - Needham Arvind Ramnani - Piper Sandler Stacey Hara Thank you, and welcome to Udemy Second Quarter 2022 Earnings Conference Call. With me today are Greg Coccari, Udemy's Chairman and Chief Executive Officer; and Sarah Blanchard, Udemy's Chief Financial Officer.

Udemy, Inc. (UDMY) CEO Gregg Coccari on Q2 2022 Results - Earnings Call Transcript

Second-quarter results were above expectations as it gains and retains customers at an impressive pace.

Here's Why Udemy Stock Was Up Today

Dynamic online learning marketplace releases its first-ever Environmental, Social and Governance (ESG) impact report, showcasing its commitments and progress toward providing education to all Dynamic online learning marketplace releases its first-ever Environmental, Social and Governance (ESG) impact report, showcasing its commitments and progress toward providing education to all

Udemy Improves Lives Through Learning, Delivering Equitable Skills Education to Lift Learners and Communities

SAN FRANCISCO, July 15, 2022 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading destination for learning and teaching online, today announced it will release its financial results for its fiscal second quarter 2022 on Wednesday, August 3, 2022.

Udemy to Report Second Quarter Fiscal Year 2022 Results on August 3, 2022

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It can lead to successful outcomes in a variety of ways.

This Expert Says Companies Need to Constantly Align Their Strategy and Culture

SAN FRANCISCO, June 08, 2022 (GLOBE NEWSWIRE) -- Udemy , a leading destination for learning and teaching online, today announced Udemy Business ' growth in the Asia-Pacific region. Udemy Business has expanded its global footprint with a number of enterprise customers across regions, and deployed 8,000 international courses in 13 local languages. Many courses are taught by real-world experts in their native language, removing the need for dubbing or subtitles, and as a result, localizing and enhancing the experience for both learners and instructors.

News for Udemy Stock (UDMY)