Loading...
•
Sep 30, 2022
Coursera Q3 2022 Earnings Report
Coursera's Q3 2022 financial results were announced, demonstrating revenue growth and strategic advancements.
Key Takeaways
Coursera reported a 24% year-over-year increase in revenue, driven by growth in both consumer and enterprise segments. The company added 6 million new registered learners, bringing the total to 113 million. While the company experienced a net loss, it continues to invest in expanding its content offerings and platform capabilities.
Total revenue increased by 24% year-over-year, reaching $136.4 million.
Enterprise revenue saw substantial growth, increasing by 51% year-over-year.
The company added 6 million new registered learners, bringing the total to 113 million.
Coursera expanded its content and credentials, including new Professional Certificates and degree programs.
Revenue by Segment
Forward Guidance
Coursera anticipates revenue between $135.5 to $139.5 million and Adjusted EBITDA in the range of $(16.5) to $(13.5) million for the fourth quarter of 2022. For the full year 2022, Coursera projects revenue between $517 to $521 million and Adjusted EBITDA in the range of $(47.5) to $(44.5) million.
Positive Outlook
- Revenue in the range of $135.5 to $139.5 million for Q4 2022
- Adjusted EBITDA in the range of $(16.5) to $(13.5) million for Q4 2022
- Revenue in the range of $517 to $521 million for full year 2022
- Adjusted EBITDA in the range of $(47.5) to $(44.5) million for full year 2022
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
Loading earnings performance data...
Loading earnings reaction data...