Nerdy delivered Q4 revenue of $49.1 million, exceeding guidance and growing 2% year-over-year. The company achieved a significant milestone by reaching positive non-GAAP adjusted EBITDA of $1.3 million, driven by a shift toward higher-frequency Learning Memberships and operational efficiencies from AI-driven automation.

Nerdy delivered third-quarter revenue of $37.0 million, meeting its guidance range, and significantly improved its non-GAAP Adjusted EBITDA margin year-over-year, reinforcing its path to profitability. The company also enhanced its liquidity with a new $50 million term loan.

Nerdy reported Q2 2025 revenue of $45.3 million, within guidance, despite an 11% year-over-year decrease primarily due to lower Institutional revenue and the non-recurrence of a specific state-funded consumer program. The company saw a return to growth in Consumer Learning Membership revenue and beat its Non-GAAP Adjusted EBITDA Loss guidance, reinforcing its path to profitability by Q4 2025.

Nerdy's Q1 2025 performance showed a revenue of $47.6 million, an 11% decrease year-over-year, and a net loss of $16.2 million. Despite the revenue decline, the company saw a 14% improvement in Average Revenue per Member per Month (ARPM) to $335 and positive inflection in monthly recurring Learning Membership revenue, indicating the effectiveness of its quality-of-revenue strategy. Gross margins were impacted by increased tutor incentives, but the company anticipates sequential improvements throughout the year.

Nerdy Inc. announced strong fourth quarter 2024 financial results, with revenue of $48.0 million and a non-GAAP adjusted EBITDA loss of $5.5 million, both surpassing the high end of their guidance ranges. The company made significant progress in unifying platforms and enhancing marketplace technology, driven by AI innovation, and ended the year with a strong cash position.

Nerdy reported Q3 2024 revenue of $37.5 million, a 7% decrease year-over-year, with a net loss of $25.0 million. The company focused on scaling its winning product and expanding its learner base through strategic investments in Varsity Tutors for Schools.

Nerdy, Inc. reported Q2 2024 revenue of $51.0 million, a 4% increase year-over-year. Revenue growth was driven by the Consumer and Institutional segments. The company's net loss was $14.4 million. They ended the quarter with $69.8 million in cash and no debt.

Nerdy, Inc. reported a 9% year-over-year increase in revenue to $53.7 million for Q1 2024, driven by growth in both Consumer and Institutional segments. The company achieved positive adjusted EBITDA of $24 thousand and positive operating cash flow of $4.4 million. Learning Memberships continued to scale, representing 74% of total revenue.

Nerdy, Inc. reported a 32% year-over-year increase in revenue for Q4 2023, reaching $55.1 million. The company achieved non-GAAP adjusted EBITDA profitability of $3.0 million, driven by growth in both Consumer and Institutional segments and improvements in operating efficiency.

Nerdy reported a strong Q3 2023 with revenue of $40.3 million, a 27% year-over-year increase, exceeding guidance. The Consumer business grew by 19% and the Institutional business by 133%. Gross margin reached a record 72.4%.

Nerdy, Inc. reported a 16% year-over-year increase in revenue, reaching $48.8 million, exceeding its guidance range. The company achieved positive adjusted EBITDA of $1.3 million, a $10.9 million improvement year-over-year. Key drivers included the completion of the Learning Membership evolution, scaling of the Institutional business, and enhanced operating efficiencies through AI.

Nerdy, Inc. reported a strong first quarter, exceeding revenue guidance and achieving adjusted EBITDA profitability ahead of schedule. The company's transition to Learning Memberships and its application of AI are driving growth and improved profitability.

Nerdy, Inc. reported Q4 2022 revenue of $41.8 million, exceeding its guidance range. The company made substantial progress in its shift to an 'always on' business model, with Learning Membership adoption exceeding expectations. Varsity Tutors for Schools also showed strong interest in new recurring revenue Institutional products.

Nerdy, Inc. reported Q3 2022 revenue of $31.8 million, consistent with its guidance. The company focused on transitioning customers to Learning Memberships, which reached an annualized run rate of $50.2 million. Varsity Tutors for Schools signed 21 new contracts with $5.6 million in bookings. The company maintains a strong liquidity position with $106.4 million in cash reserves.

Nerdy, Inc. reported revenue of $42.2 million for Q2 2022, a 29% increase compared to Q2 2021, exceeding their guidance range. The company saw growth in active learners, online sessions, and active experts. Net income was $15.3 million, compared to a net loss in the previous year, and the company reaffirmed its revenue guidance for the full year.

Nerdy reported a strong first quarter in 2022, achieving record bookings and revenues. The company's marketplace dynamics showed continued strength, with active learners and online sessions increasing significantly. Nerdy is focused on evolving its product offerings and expanding its reach through initiatives like the membership model and Varsity Tutors for Schools.

Nerdy's Q4 2021 revenue reached a record high of $42.0 million, a 27% increase year-over-year. The company's full-year revenue also hit a record of $140.7 million, representing a 35% increase year-over-year. The growth was fueled by strong demand in the direct-to-consumer business and the launch of Varsity Tutors for Schools.

Nerdy Inc. reported a 19% year-over-year increase in revenue to $31.3 million for the third quarter of 2021. The company experienced growth in active learners and online sessions. Nerdy launched Varsity Tutors for Schools, securing contracts worth nearly $10 million. The company is well-capitalized with $170 million in cash and no debt.