Bullsh*t article that doesn’t do Coursera justice for a turnaround quarter which achievesmilestone in corporate strategies & objectives. They even became cashier positive 🤩 margins are all increasing showing effect of scales. Wonderful
Coursera narrowly beats Wall Street estimates for Q3 as education companies struggle with enrollment downturn
$Coursera, Inc.(COUR)$ Flawless executionon corporate strategies esspecially in fulfilling demand in enterprise reskilling effort seeing +75% increase in revenue, +124% in paid corporate customers & 113% retention rate of these customers; gross margin are also increasing breaching 60% mark which rarely happens in a fast growing company as Coursera; cash flow turnaround from a year ago to reach +$10.7m from operations & free cash flow of $7m from a -$4m a year ago; in short, business growing as projected with higher profitability & increasing free cash flow; friggin awesome 👏 🤩