BUZZ-Coursera tanks on surprise Q4 loss; appoints new CEO

Reuters01-30

** Shares of e-learning platform Coursera COUR.N down 9.45% at $8.67

** Co posts surprise Q4 loss of 14 cents per share, while analysts estimated a profit of 7 cents per share as per LSEG data

** COUR expects Q1 revenue in the range of $173 mln to $177 mln vs estimates of $178.2 mln

** Company announced Greg Hart as its president and CEO, effective February 3

** Hart succeeds Jeff Maggioncalda, who is set to retire

** 10 out of 13 brokerages rate the stock "buy" or higher; 2 "hold" and 1 "sell"; their median PT is $10

** Stock down 56.12% in 2024

(Reporting by Rishab Shaju in Bengaluru)

((Rishab.shaju@thomsonreuters.com))

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