Profile
Sector:
Consumer DefensiveIndustry:
Education & Training ServicesCountry:
United StatesIPO:
31 March 2021Website:
http://www.coursera.orgNext earnings report:
31 January 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:15:50 GMTDividend
Analysts recommendations
Institutional Ownership
COUR Latest News
Coursera beat earnings expectations but saw a stock drop due to slowing growth, despite revenue and net income surpassing analyst predictions. The Degrees segment showed the highest growth and profit margins, while the Consumer segment's growth slowed, possibly due to tech sector layoffs. Financials improved with reduced losses and operating expenses, but rising share count and stock compensation remain concerns for investors.
COUR stock's significant drop after revising FY24 revenue guidance downward is seen as an overreaction. Valued at around $1 billion, COUR is in value territory with $719 million in cash, no debt, and positive Free Cash Flow. Coursera is well-positioned in the growing online education sector, with a user base of 155 million and strong segments in Enterprise and Degrees, set to benefit from global upskilling trends.
The company is seeing weakness in customer retention trends despite strong numbers in its latest quarter.
Coursera, Inc. (NYSE:COUR ) Q3 2024 Earnings Conference Call October 24, 2024 5:00 AM ET Company Participants Cam Carey - Head of Investor Relations Jeffrey Maggioncalda - President, Chief Executive Officer and Director Kenneth Hahn - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Ryan MacDonald - Needham Rishi Jaluria - RBC Joshua Baer - Morgan Stanley Taylor McGinnis - UBS Jeffrey Silber - BMO Capital Markets Operator Ladies and gentlemen, thank you for standing by, and welcome to Coursera's Third Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode and please be advised that this call is being recorded.
The headline numbers for Coursera (COUR) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Coursera (COUR) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to loss of $0.02 per share a year ago.
Coursera (COUR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Advisory release_Q3 2024.
AI's impact on jobs will drive a higher education boom; Coursera is well-positioned to benefit from this trend and is currently undervalued. Coursera's large cash position and low debt reduce financial risk, with potential for significant upside as AI reshapes the job market due to strong and diversifying partners. Potential risks include how Coursera is managing its cash and whether its certificates truly help people get jobs.
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Advisory Release for Coursera Connect 2024.
What type of business is Coursera?
Coursera, Inc. operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack. It offers its products to individuals, enterprise, business, campus, and government. The company was formerly known as Dkandu, Inc. and changed its name to Coursera, Inc. in April 2012. Coursera, Inc. was incorporated in 2011 and is headquartered in Mountain View, California.
What sector is Coursera in?
Coursera is in the Consumer Defensive sector
What industry is Coursera in?
Coursera is in the Education & Training Services industry
What country is Coursera from?
Coursera is headquartered in United States
When did Coursera go public?
Coursera initial public offering (IPO) was on 31 March 2021
What is Coursera website?
https://www.coursera.org
Is Coursera in the S&P 500?
No, Coursera is not included in the S&P 500 index
Is Coursera in the NASDAQ 100?
No, Coursera is not included in the NASDAQ 100 index
Is Coursera in the Dow Jones?
No, Coursera is not included in the Dow Jones index
When was Coursera the previous earnings report?
No data
When does Coursera earnings report?
The next expected earnings date for Coursera is 31 January 2025