Udemy Inc expected to post a loss of 1 cent a share - Earnings Preview

Reuters05-01

* Udemy Inc is expected to show a rise in quarterly revenue when it reports results on May 2 for the period ending March 31 2024

* The San Francisco California-based company is expected to report a 10.5% increase in revenue to $194.919 million from $176.43 million a year ago, according to the mean estimate from 10 analysts, based on LSEG data.The company's guidance on February 14 2024, for the period ended March 31, was for revenue between $193.00 million and $196.00 million.

* ​LSEG's mean analyst estimate for Udemy Inc is for a loss of 1 cent per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Udemy Inc is $15.00​, above​ its last closing price of $10.30. ​​​

The company's guidance on February 14 2024 for the period ended March 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of USD0. Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 -0.01 -0.02 0.02 Beat 211.1

Sep. 30 2023 -0.02 -0.02 0.05 Beat 363.2

Jun. 30 2023 -0.07 -0.07 -0.01 Beat 86.6​

Jan. 1 0001 -0.14 -0.14 -0.06 Beat 57

​​Jan. -0.22 -0.23 -0.16 Beat 29.1

1 0001

Sep. 30 2022 -0.17 -0.18 -0.15 Beat 14.3​

Jun. 30 2022 -0.17 -0.16 -0.10 Beat 39.3

Mar. 31 2022 -0.15 -0.14 -0.08 Beat 44.8

This summary was machine generated April 30 at 22:22 GMT. 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)

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