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Dec 31, 2022
Coursera Q4 2022 Earnings Report
Coursera's Q4 2022 financial results were announced, demonstrating revenue growth and strategic initiatives for long-term platform growth.
Key Takeaways
Coursera reported a 24% year-over-year increase in fourth-quarter revenue, reaching $142.2 million. The company's focus on delivering in-demand skills and credentials drove growth across its consumer and enterprise segments. While net loss remained significant, non-GAAP net loss and adjusted EBITDA improved compared to the previous year.
Total revenue increased by 24% year-over-year, reaching $142.2 million.
Consumer revenue grew by 21% due to demand for industry microcredentials.
Enterprise revenue increased by 41% driven by growth across business, campus, and government customers.
The company added 5 million new registered learners during the quarter, bringing the total to 118 million.
Revenue by Segment
Forward Guidance
Coursera provided financial outlook for Q1 2023 and full year 2023.
Positive Outlook
- Revenue in the range of $136 to $140 million for Q1 2023
- Adjusted EBITDA in the range of $(12.5) to $(15.5) million for Q1 2023
- Revenue in the range of $595 to $605 million for full year 2023
- Adjusted EBITDA in the range of $(26) to $(34) million for full year 2023
- Free cash flow in the range of $(12) to $(18) million for full year 2023
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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