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Meepmerp
2021-08-04

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Coursera Stock Rallies on Beat-and-Raise Earnings

Online learning company Coursera, Inc. posted better-than-expected results for the June quarter and

Coursera Stock Rallies on Beat-and-Raise Earnings

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The company went public on March 31 at $33 a share.</p>\n<p>For the quarter, Coursera posted revenue of $102.1 million, up 38%&nbsp;from a year ago, and ahead of the Street consensus of $91.2 million. The company posted a non-GAAP loss of five cents a share, narrower than the Street forecast of a loss of 11 cents a share. Under generally accepted accounting principles, the company lost $46.4 million, or 35 cents a share. Coursera posted a loss on an adjusted Ebitda (earnings before interest, taxes, depreciation, and amortization) basis of $2.9 million.</p>\n<p>The company said revenue from its consumer segment was $62 million, up 23%, driven by professional certification programs. Enterprise revenue was $28 million, up 69%, with the number of paid enterprise customers up 109%, to 584. Degree program revenue was $11.9 million, up 78%. 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Institutions are using Coursera to launch large-scale reskilling efforts, and learners are coming to the platform to upskill for high-demand digital roles,” Coursera CEO Jeff Maggioncalda said in a statement. “Working with global brands like Google, IBM and Facebook, we have assembled a broad catalog of job-relevant content and credentials that are helping learners with no college degree or industry experience learn the skills needed to start new digital careers.”</p>\n<p>Coursera&nbsp;rose&nbsp;over&nbsp;10%&nbsp;in premarket trading.<img src=\"https://static.tigerbbs.com/c3cdc0d470d4337b575616b6f33f94a8\" tg-width=\"837\" tg-height=\"558\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coursera Stock Rallies on Beat-and-Raise Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoursera Stock Rallies on Beat-and-Raise Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/coursera-stock-rallies-on-beat-and-raise-earnings-51628028010?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Online learning company Coursera, Inc. posted better-than-expected results for the June quarter and provided guidance that topped Wall Street estimates.\nCoursera shares in premarket trading have ...</p>\n\n<a href=\"https://www.barrons.com/articles/coursera-stock-rallies-on-beat-and-raise-earnings-51628028010?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COUR":"Coursera, Inc."},"source_url":"https://www.barrons.com/articles/coursera-stock-rallies-on-beat-and-raise-earnings-51628028010?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199044074","content_text":"Online learning company Coursera, Inc. posted better-than-expected results for the June quarter and provided guidance that topped Wall Street estimates.\nCoursera shares in premarket trading have rallied 10.85%, to $39.55. The company went public on March 31 at $33 a share.\nFor the quarter, Coursera posted revenue of $102.1 million, up 38% from a year ago, and ahead of the Street consensus of $91.2 million. The company posted a non-GAAP loss of five cents a share, narrower than the Street forecast of a loss of 11 cents a share. Under generally accepted accounting principles, the company lost $46.4 million, or 35 cents a share. Coursera posted a loss on an adjusted Ebitda (earnings before interest, taxes, depreciation, and amortization) basis of $2.9 million.\nThe company said revenue from its consumer segment was $62 million, up 23%, driven by professional certification programs. Enterprise revenue was $28 million, up 69%, with the number of paid enterprise customers up 109%, to 584. Degree program revenue was $11.9 million, up 78%. 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Coursera Stock Rallies on Beat-and-Raise Earnings

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