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Udemy Inc (DE:7WH)
FRANKFURT:7WH
Holding DE:7WH?
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.06Last Year’s EPS
0.02Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 09, 2022
|% Change Since: 3.37%
|Next Earnings Date:Dec 08, 2021
Earnings Call Sentiment|Neutral
The earnings call reflected a strong performance in terms of revenue and profitability, driven by strategic focus on enterprise customers and operational efficiencies. However, there were challenges, particularly in the consumer segment and EMEA region, alongside pressure on net dollar retention. The mood balances positive achievements with cautious outlooks.Company Guidance
During Udemy's Q3 2024 earnings call, the company reported a 6% year-over-year increase in revenue, reaching $195 million, despite a 2-point headwind from foreign exchange rates. The adjusted EBITDA margin exceeded expectations, driven by over $50 million in cost savings, surpassing the initial $25 million target. The company highlighted a milestone of over $500 million in Udemy Business annual recurring revenue (ARR), with large customers accounting for 75% of this revenue. Udemy Business revenue grew 16% year-over-year, while consumer revenue declined by 8%. Udemy added more than 250 net new Udemy Business customers, increasing its global customer base by 10% year-over-year to over 16,800, with an NDRR of 99%. Looking ahead, Udemy anticipates a revenue range of $780 million to $783 million for the full year 2024, with an adjusted EBITDA margin of approximately 4.5%. The company is also targeting adjusted EBITDA of $130 million to $150 million by 2026.Revenue and Profitability Exceeds Guidance
Q3 revenue grew 6% year-over-year, with adjusted EBITDA significantly higher than anticipated, surpassing the high end of guidance ranges.
Udemy Business ARR Milestone
Udemy Business reached over $500 million in Annual Recurring Revenue (ARR), marking a 14% increase from the previous year.
Operational Efficiency Achievements
Achieved over $50 million in cost savings, doubling the initial target of $25 million, enhancing profitability and operational flexibility.
Successful Enterprise Customer Focus
Enterprise customers, defined as organizations with over 1,000 employees, represent approximately 75% of Udemy Business revenue, with a growth of 15% year-over-year.
AI-Powered Product Launches
Launched AI-powered skills mapping and AI assistant, expected to enhance customer engagement and learner consumption.
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DE:7WH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:7WH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | €7.60 | €7.69 | +1.16% |
| Jul 31, 2024 | €8.37 | €6.63 | -20.79% |
| May 02, 2024 | €9.16 | €10.54 | +15.07% |
| Feb 14, 2024 | €12.90 | €12.10 | -6.20% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Udemy Inc (DE:7WH) report earnings?
Udemy Inc (DE:7WH) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Udemy Inc (DE:7WH) earnings time?
Udemy Inc (DE:7WH) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Udemy Inc stock?
The P/E ratio of Udemy Inc is N/A.
What is DE:7WH EPS forecast?
DE:7WH EPS forecast for the fiscal quarter 2024 (Q4) is 0.06.
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