Nerdy reports Q3 EPS (14c), consensus (24c)

Reports Q3 revenue $37.5M, consensus $36.7M. “During the third quarter, Nerdy (NRDY) continued to make progress against the primary goals we laid out for the year, including: scaling the winning product for every Learner, expanding the number of Learners we can impact, and laying the foundation to deliver profitable growth,” said Chuck Cohn, Founder, Chairman and Chief Executive Officer of Nerdy Inc. “We delivered product enhancements that are both increasing engagement and improving the quality and reliability of live learning delivered on our platform that expand our reach and the number of learners we can positively impact. Looking ahead, we continue to believe that the growing awareness and recognition that high-dosage tutoring is the most effective way to accelerate learning provides us with confidence in the demand for live tutoring in the years ahead.”