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home / news releases / NRDY - Nerdy: Pay Attention To Institutional Business And AI-Driven Savings

NRDY - Nerdy: Pay Attention To Institutional Business And AI-Driven Savings

Nerdy Inc. Class A

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 ....

For further details see:

Nerdy: Pay Attention To Institutional Business And AI-Driven Savings
Stock Information
Company Name: Nerdy Inc. Class A
Stock Symbol: NRDY
Market: NYSE
Website: nerdy.com
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