Coursera Inc

COUR

Equity

ISIN US22266M1045 / Valor 110443413

New York Stock Exchange, Inc (2024-09-16)

USD 7.81-1.26%

Coursera Inc
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About company

Coursera Inc is a global platform for online learning and career development, founded in 2012 by Daphne Koller and Andrew Ng. The company offers access to online courses and degrees from leading universities and companies, aiming to provide life-transforming learning experiences to learners worldwide. Coursera received B Corp certification in February 2021, reflecting its commitment to making a positive impact on society while reducing barriers to education. As a global online learning platform, Coursera provides individuals with the opportunity to enhance their skills and knowledge through a wide range of courses and programs offered by prestigious institutions.

Summarized from source with an LLMView SourceSector: Technology

Total Revenue

Coursera Inc. reported total revenue of $170.3 million for the second quarter of 2024, marking an 11% increase from $153.7 million in the same period last year.

Gross Profit

The gross profit for Coursera Inc. in Q2 2024 was $90.2 million, which is 53% of the total revenue. This is an improvement from the $79.7 million or 52% of revenue reported in Q2 2023.

Net Loss

Coursera Inc. experienced a net loss of $(23.0) million or (13.5)% of revenue in the second quarter of 2024, compared to a net loss of $(31.7) million or (20.7)% of revenue in the same quarter of the previous year.

Non-GAAP Net Income

For Q2 2024, Coursera Inc. reported a non-GAAP net income of $13.8 million or 8.1% of revenue, a significant improvement from a non-GAAP net loss of $(0.3) million or (0.2)% of revenue in Q2 2023.

Financial Outlook

Coursera Inc. has provided a financial outlook for the third quarter of 2024, expecting revenue to be in the range of $171 to $175 million and adjusted EBITDA to be between $0 to $4 million. For the full year 2024, the company anticipates revenue between $695 to $705 million and adjusted EBITDA in the range of $24 to $28 million.

Summarized from source with an LLMView Source

Key figures

-57.1%1Y

-79.4%3Y

%5Y

Performance

56.3%1Y

57.0%3Y

59.0%5Y

Volatility