BUZZ-Udemy jumps on Q4 results beat

Reuters

02-15

BUZZ-Udemy jumps on Q4 results beat

** Shares of online learning platform firm Udemy UDMY.O rise ~31% to a nine-month high of $10.22

** On Thursday, company posted Q4 sales of $199.9 million, above analysts' average estimate of $194.7 million - data compiled by LSEG

** Posts Q4 adjusted profit of 10 cents/shr, also above the estimate of 7 cents/shr

** Forecasts 2025 revenue to be between $787 million and $803 million, compared with analysts' estimate of $798.7 million

** Expects Q1 revenue to be between $195 million and $199 million, compared with the estimate of $197.7 million

** Shares of Udemy fell ~41% in 2024

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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