2024-04-12 03:28:55 ET
Summary
- Nerdy's institutional business' freemium strategy is working well, as evidenced by the positive booking momentum for this segment.
- NRDY can lower its future operating expenses by utilizing AI to generate learning content and reduce the amount of employees needed to support its customer service function.
- My Buy rating for Nerdy stock is maintained after analyzing the growth outlook for its institutional segment and the company's AI-related cost savings opportunities.
Elevator Pitch
I have a Buy rating for Nerdy, Inc. ( NRDY ) stock. Previously, I touched on NRDY's financial prospects for the long run with my prior November 1, 2023 update ....
Read the full article on Seeking Alpha
For further details see:
Nerdy: Pay Attention To Institutional business And AI-Driven Savings