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home / news releases / COUR - Coursera Inc. (COUR) Q1 2024 Earnings Call Transcript


COUR - Coursera Inc. (COUR) Q1 2024 Earnings Call Transcript

2024-04-29 20:42:01 ET

Coursera, Inc. (COUR)

Q1 2024 Results Conference Call

April 29, 2024 05:00 PM ET

Company Participants

Cam Carey - Head of Investor Relations

Jeff Maggioncalda - Chief Executive Officer

Ken Hahn - Chief Financial Officer

Conference Call Participants

Rishi Jaluria - RBC

Ryan MacDonald - Needham

Stephen Sheldon - William Blair

Josh Baer - Morgan Stanley

Brian Peterson - Raymond James

Devin Au - KeyBanc Capital Markets

Brett Knoblauch - Cantor Fitzgerald

Presentation

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Coursera's First Quarter 2024 Earnings Call. At this time, all participants are in a listen-only mode and please be advised that this call is being recorded. After the speakers prepared remarks, there will be a question-and-answer session. [Operator Instructions]

I'd like to turn it over to Cam Carey, Head of Investor Relations. Mr. Carey, you may begin.

Cam Carey

Hi, everyone, and thank you for joining our Q1 2024 earnings conference call. With me today is Jeff Maggioncalda, Coursera's Chief Executive Officer; and Ken Hahn, our Chief Financial Officer.

Following their prepared remarks, we will open the call for questions. Our press release, including financial tables was issued after market close and is posted on our Investor Relations website located at investor.coursera.com where this call is being simultaneously webcast and where versions of our prepared remarks and supplemental slides are available.

During this call, we will present both GAAP and non-GAAP financial measures. A reconciliation of non-GAAP measures to the most directly comparable GAAP measure can be found in today's press release and supplemental presentation, which are distributed and available to the public through our Investor Relations website. Please note, all growth percentages refer to year-over-year change unless otherwise specified.

Additionally, all statements made during this call relating to future results and events are forward-looking statements based on current expectations and beliefs. These forward-looking statements include, but not limited to, statements regarding the potential impact trends affecting our industry and business, and factors affecting the same, the benefits and impact of our strategic assets and platform advantages, including our AI and machine learning initiatives and offerings, our ecosystem platform content and partner relationships, our anticipated plans and the anticipated advantages and benefits thereof, our strategy and priorities, our share repurchase program and cash and capital allocation and our vision, business model, mission, opportunities, outlook, financial business and otherwise and future intentions.

Actual results and events could differ materially from those expressed or implied in these forward-looking statements due to a number of risks and uncertainties, including those discussed in our press release, SEC filings and supplemental materials. These forward-looking statements are not guarantees of future performance or plans, and investors should not place undue reliance on them. We assume no obligation to update our forward-looking statements, except as required by law....

For further details see:

Coursera, Inc. (COUR) Q1 2024 Earnings Call Transcript
Stock Information

Company Name: Coursera Inc.
Stock Symbol: COUR
Market: NYSE
Website: coursera.org

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