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Mar 31, 2022
Coursera Q1 2022 Earnings Report
Coursera's first quarter was marked by revenue growth, platform expansion, and strategic partnerships.
Key Takeaways
Coursera reported a 36% year-over-year increase in revenue, reaching $120.4 million, and surpassed 100 million registered learners. The company's growth was driven by strong performance across its consumer, enterprise, and degrees segments.
Total revenue increased by 36% year-over-year, reaching $120.4 million.
The platform exceeded 100 million total registered learners.
Consumer revenue grew by 31% year-over-year, driven by demand for professional certificates and Coursera Plus subscriptions.
Enterprise revenue increased by 59% year-over-year, with growth across business, government, and campus customers.
Revenue by Segment
Forward Guidance
Coursera provided revenue and Adjusted EBITDA guidance for the second quarter and full year 2022.
Positive Outlook
- Second quarter 2022 revenue is expected to be in the range of $128 to $132 million.
- Second quarter 2022 Adjusted EBITDA is expected to be in the range of $(15.0) to $(18.0) million.
- Full year 2022 revenue is expected to be in the range of $538 to $546 million.
- Full year 2022 Adjusted EBITDA is expected to be in the range of $(45.5) to $(51.5) million.
- Company is seeing durable demand for high-quality, online learning
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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