Udemy (NASDAQ:UDMY) Posts Better-Than-Expected Sales In Q4, Stock Soars
Online learning platform Udemy (NASDAQ:UDMY) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 5.5% year on year to $199.9 million. On the other hand, next quarter’s revenue guidance of $197 million was less impressive, coming in 2.7% below analysts’ estimates. Its non-GAAP profit of $0.10 per share was 53.4% above analysts’ consensus estimates.