MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Coursera Inc (COUR) on Thursday reported a loss of $21.6 million in its fourth quarter.
On a per-share basis, the Mountain View, California-based company said it had a loss of 14 cents. Earnings, adjusted for stock option expense and restructuring costs, came to 8 cents per share.
The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The online learning platform posted revenue of $179.2 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $176.6 million.
For the year, the company reported a loss of $79.5 million, or 51 cents per share. Revenue was reported as $694.7 million.
For the current quarter ending in March, Coursera said it expects revenue in the range of $173 million to $177 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COUR at https://www.zacks.com/ap/COUR
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