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Udemy Earnings: What To Look For From UDMY

StockStory - Tue Feb 13, 1:01AM CST

UDMY Cover Image

Online learning platform Udemy (NASDAQ:UDMY) will be reporting earnings tomorrow after market close. Here's what investors should know.

Last quarter Udemy reported revenues of $184.7 million, up 16.6% year on year, beating analyst revenue expectations by 3.6%. It was a good quarter for the company, with a decent beat of analysts' revenue and EPS estimates. The company reported 1.41 million active buyers, up 6.8% year on year.

Is Udemy buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Udemy's revenue to grow 12.5% year on year to $186.1 million, slowing down from the 19.8% year-over-year increase in revenue the company had recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.02 per share.

Udemy Total Revenue

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company only missed Wall St's revenue estimates once over the last two years, and has on average exceeded top line expectations by 2.7%.

Looking at Udemy's peers in the consumer subscription segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. Match Group delivered top-line growth of 10.2% year on year, beating analyst estimates by 0.6% and Coursera reported revenues up 18.8% year on year, exceeding estimates by 2.5%. Match Group traded flat on the results, and Coursera was up 3.5%.

Read our full analysis of Match Group's results here and Coursera's results here.

There has been positive sentiment among investors in the consumer subscription segment, with the stocks up on average 6.6% over the last month. Udemy is up 8.5% during the same time, and is heading into the earnings with analyst price target of $15.9, compared to share price of $14.5.

One way to find opportunities in the market is to watch for generational shifts in the economy. Almost every company is slowly finding itself becoming a technology company and facing cybersecurity risks and as a result, the demand for cloud-native cybersecurity is skyrocketing. This company is leading a massive technological shift in the industry and with revenue growth of 70% year on year and best-in-class SaaS metrics it should definitely be on your radar.

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