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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SAN FRANCISCO, May 26, 2022 (GLOBE NEWSWIRE) -- Udemy  (Nasdaq: UDMY), a leading destination for learning and teaching online, today announced the appointment of Natalie Rothman to its board of directors effective immediately.

Udemy Appoints Human Resources Leader Natalie Rothman to Board of Directors

Udemy, Inc. (NASDAQ:UDMY ) Q1 2022 Results Conference Call May 4, 2022 5:00 PM ET Company Participants Stacey Zolt Hara - SVP, Corporate Communications Gregg Coccari - Chairman and CEO Sarah Blanchard - CFO Conference Call Participants Stephen Sheldon - William Blair Josh Baer - Morgan Stanley David Lustberg - Jefferies Connor Passarella - Truist Rob Oliver - Baird Brett Knoblauch - Cantor Fitzgerald Devin Au - KeyBanc Capital Matt Shea - Needham Operator Thank you for standing by and welcome to Udemy's First Quarter 2022 Earnings Conference Call. [Operator Instructions] As a reminder, today's conference call is being recorded.

Udemy, Inc. (UDMY) CEO Gregg Coccari on Q1 2022 Results - Earnings Call Transcript

Designation means Udemy is One of the Best Companies to Work for in the Country Designation means Udemy is One of the Best Companies to Work for in the Country

Udemy Earns USA Great Place to Work Certification™

SAN FRANCISCO, April 27, 2022 (GLOBE NEWSWIRE) -- In connection with the initial public offering (the “IPO”) of common stock of Udemy, Inc. (“Udemy'' or the “Company”) (NASDAQ: UDMY), a leading destination for learning and teaching online, all of the Company's directors, executive officers and holders of substantially all of the Company's equity securities outstanding prior to the IPO entered into lock-up agreements with the underwriters for the IPO to restrict their ability to sell or transfer shares of the Company through April 26, 2022, subject to certain exceptions. Pursuant to the expiration of these lock-up agreements in accordance with their terms, 124,380,752 shares of the Company's common stock became eligible for sale in the public market at the open of trading on April 27, subject to any trading limitations on shares held by affiliates of the Company, continued vesting of any unvested equity awards as of such date, and any of the Company's insider trading or other policies.

Udemy Announces Final IPO Lock-up Release

Decentralized Applications for Blockchain are Most In-Demand Technology Skills; Professionals Seek Advice on Efficiency Decentralized Applications for Blockchain are Most In-Demand Technology Skills; Professionals Seek Advice on Efficiency

What the World is Learning: Udemy Releases Latest Global Workplace Learning Index

SAN FRANCISCO, April 18, 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 first quarter 2022 on Wednesday, May 4, 2022.

Udemy to Report First Quarter Fiscal Year 2022 Results on May 4, 2022

Dublin Office Named as One of Ireland's Best Mid-Sized Workplaces Overall and a Best Workplace for Women Dublin Office Named as One of Ireland's Best Mid-Sized Workplaces Overall and a Best Workplace for Women

Udemy Named #5 on the List of Best Midsize Workplaces in Ireland

Zolt Hara Joins as Senior Vice President of Corporate Communications, Bringing Over 20 Years of Experience to the Online Learning Platform Zolt Hara Joins as Senior Vice President of Corporate Communications, Bringing Over 20 Years of Experience to the Online Learning Platform

Udemy Welcomes Stacey Zolt Hara to Leadership Team

Udemy's stock lost more than 60% of its value in a short time.

Udemy: High-Risk, High-Reward

Udemy, Inc.'s (UDMY) CEO Gregg Coccari on Q4 2021 Results - Earnings Call Transcript

Udemy Business Revenue Up 81% Year over Year, With ARR of $239 Million Udemy Business Revenue Up 81% Year over Year, With ARR of $239 Million

Udemy Reports Fourth Quarter 2021 and Fiscal Year 2021 Results

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Why Do Angel Investing When Big Tech Will Suffice?

SAN FRANCISCO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading destination for learning and teaching online, today announced it will release its financial results for its fourth quarter ended December 31, 2021, after market close on February 9, 2022.

Udemy to Report Fourth Quarter Fiscal Year 2021 Results on February 9, 2022

The company zigged where its competitors zagged, jump-starting an important long-term growth engine.

If This 1 Thing Happens in 2022, I'll Buy This Under-the-Radar IPO Stock in a Heartbeat

Udemy Inc (NASDAQ: UDMY) plans to expand its EMEA headquarters in Dublin, creating more than 120 new jobs in 2022. The company established its EMEA headquarters in Dublin in 2014, its first operation outside the U.S.

Udemy Plans To Expand EMEA Headquarters In Dublin

Company responds to rapid growth of learners and enterprise customers worldwide Company responds to rapid growth of learners and enterprise customers worldwide

Udemy Set to Expand EMEA Headquarters in Dublin, Creating More Than 120 Jobs

Dublin Office Named as One of Ireland's Best Workplaces Dublin Office Named as One of Ireland's Best Workplaces

Udemy Earns Great Place to Work Certification

On Thursday, Udemy Inc. (NASDAQ:UDMY) shares surged more than 2.5% after announcing its most recent quarterly results. The company reported its fiscal third-quarter results Wednesday after markets closed.

Should you buy or sell Udemy stock after posting mixed FQ3 results?

SAN FRANCISCO, Dec. 09, 2021 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading destination for learning and teaching online, today released the “ November 2021 Workplace Learning Skills Index ,” which identifies the most in-demand skills consumed by organizations globally in November. With access to workplace learning activity generated by learners on Udemy's enterprise learning solution, Udemy Business , Udemy research can help leaders and employees alike identify skills as they gain momentum, and upskill with timely courses needed to stay ahead of the curve.

Udemy Releases Research on Global Top In-Demand Skills in November Workplace Learning Index

Udemy, Inc. (UDMY) CEO Gregg Coccari on Q3 2021 Results - Earnings Call Transcript

Udemy Business Revenue Up 84% Year over Year, With ARR of $207 Million Udemy Business Revenue Up 84% Year over Year, With ARR of $207 Million

Udemy Reports Third Quarter 2021 Results

Udemy, a leading destination for learning and teaching online, is partnering with MultiChoice to give customers access to a breadth of quality online learning opportunities Udemy, a leading destination for learning and teaching online, is partnering with MultiChoice to give customers access to a breadth of quality online learning opportunities

Udemy Partners With Leading African Entertainment Provider MultiChoice Group to Empower Customers with Skills Advancement and Development Opportunities

Skillsoft

BOSTON--(BUSINESS WIRE)-- #LandD--Skillsoft (NYSE: SKIL), a global leader in corporate digital learning, today announced it has entered into a content partnership with Udemy Business (Nasdaq: UDMY), a leading destination for learning and teaching online. Through this content partnership, Skillsoft will integrate Udemy Business' content into Skillsoft's Percipio next-generation platform, streamlining the learning experience across the enterprise and enabling learners to more effectively acquire new skill

Skillsoft Partners with Udemy Business to Empower Technical Skills and Competency Mastery

SAN FRANCISCO, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online learning marketplace for individuals and businesses, today announced it will release its financial results for the third quarter of fiscal year 2021, ended September 30, 2021, after market close on December 8, 2021.

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