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Nerdy (NRDY)
NYSE:NRDY
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
-0.09Last Year’s EPS
>-0.01Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: 1.89%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant advancements in AI-driven product innovations and consumer engagement growth, but these were overshadowed by revenue decline, reduced gross margins, and an increased adjusted EBITDA loss. The institutional segment faces challenges due to government funding uncertainties, although strategic shifts and cost-saving measures are being implemented.Company Guidance
During Nerdy's Fourth Quarter 2024 Earnings Call, guidance was provided for fiscal year 2025, highlighting several key metrics and strategic initiatives. The company reported a fourth-quarter revenue of $48 million, exceeding its guidance range of $44 million to $47 million, despite a 13% year-over-year decrease. For the full year 2025, Nerdy anticipates revenue between $190 million and $200 million, with adjusted EBITDA expected to range from negative $8 million to negative $18 million. The company aims to achieve positive adjusted EBITDA and cash flow by the fourth quarter of 2025. Key drivers of growth include improvements in consumer revenue, underpinned by a 20% price increase and enhanced user experience due to AI-driven products. These AI tools, such as session playback and lesson plan generators, have already demonstrated a 99% positive feedback rate and higher engagement. Institutional revenue is projected to remain flat initially due to a cautious government funding environment, but it is expected to return to growth in the second half of the year as product enhancements are introduced. With cash and cash equivalents of $52.5 million and no debt, Nerdy plans to leverage AI to drive productivity improvements, aiming to scale without increasing headcount in most areas.AI-Driven Product Innovations
Nerdy introduced several AI-powered products, including AI session playback, lesson plan generators, and Tutor Copilot, aimed at enhancing the learning experience, increasing retention, and improving operational efficiency.
Consumer Engagement Growth
Consumer engagement rose by 26% year-over-year in the fourth quarter, with improvements in retention and user experience, driven by enhancements in the marketplace infrastructure.
Successful Institutional Strategy
Varsity Tutors for Schools executed 91 contracts, enabling access to the platform for over 5 million students across 1,100 school districts, with 43% of paid contracts from district partners initially accessing the platform for free.
Cost Savings and Efficiency Gains
Nerdy reduced corporate headcount by approximately 15% during Q1 2025, with annualized cash savings of around $6 million due to AI-enabled productivity improvements.
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NRDY 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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NRDY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | $1.59 | $1.52 | -4.40% |
| Nov 07, 2024 | $0.89 | $0.82 | -7.87% |
| Aug 08, 2024 | $1.59 | $0.82 | -48.43% |
| May 07, 2024 | $2.65 | $2.42 | -8.68% |
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 Nerdy (NRDY) report earnings?
Nerdy (NRDY) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Nerdy (NRDY) earnings time?
Nerdy (NRDY) earnings time is at May 13, 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 NRDY EPS forecast?
NRDY EPS forecast for the fiscal quarter 2025 (Q1) is -0.09.
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