COUR - Coursera GAAP EPS of -$0.22 beats by $0.07 revenue of $147.64M beats by $8.86M

2023-04-27 16:31:55 ET

• Coursera press release ( NYSE: COUR ): Q1 GAAP EPS of -$0.22 beats by $0.07 .
• Revenue of $147.64M (+22.6% Y/Y) beats by $8.86M .
• Adjusted EBITDA was $(7.5) million or (5.1)% of revenue, compared to $(10.5) million or (8.8)% of revenue a year ago.
• Net cash provided by operating activities was $4.7 million, compared to $(38.3) million used in operating activities a year ago. Free cash flow was $1.5 million, compared to $(42.2) million a year ago.
• Q2 Outlook: Revenue in the range of $143 to $147 million
• Adjusted EBITDA in the range of $(13) to $(16) million
• 2023 Outlook: Revenue in the range of $600 to $610 million
• Adjusted EBITDA in the range of $(26) to $(34) million.
• Shares +4.96% .

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