COUR - Coursera GAAP EPS of -$0.35 misses by $0.07 revenue of $142.18M beats by $4.1M
- Coursera press release ( NYSE: COUR ): Q4 GAAP EPS of -$0.35 misses by $0.07 .
- Revenue of $142.18M (+23.7% Y/Y) beats by $4.1M .
- Consumer revenue was $79.8 million, up 21% from a year ago on sustained demand for industry microcredentials, particularly our entry-level Professional Certificate catalog.
- Enterprise revenue was $50.5 million, up 41% from a year ago on growth across business, campus, and government customers. The total number of Paid Enterprise Customers increased to 1,149, up 43% from a year ago.
- Degrees revenue was $11.9 million, down 11% from a year ago on lower student enrollments.
- Shares +5% .
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Financial Outlook
- First quarter 2023:
- Revenue in the range of $136 to $140 million vs. $143.28M consensus
- Adjusted EBITDA in the range of $(12.5) to $(15.5) million
- Full year 2023:
- Revenue in the range of $595 to $605 million vs. $619.01M consensus
- Adjusted EBITDA in the range of $(26) to $(34) million
- Free cash flow in the range of $(12) to $(18) million
- First quarter 2023:
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Coursera GAAP EPS of -$0.35 misses by $0.07, revenue of $142.18M beats by $4.1M