NRDY - Nerdy reports Q4 results

February, 27 2025 04:50 PM Nerdy Inc. Class A

2025-02-27 16:50:14 ET

Nerdy press release ( NYSE: NRDY ): Q4 adjusted net loss was $7.0 million.
Revenue of $48M beats by $3.01M; above our guidance range of $44 to $47 million, which represented a decrease of 13% year-over-year from $55.1 million during the same period in 2023.
non-GAAP adjusted EBITDA loss of $5.5 million, both above the high end of guidance ranges.
First Quarter and Full Year 2025 Outlook: We are providing first quarter and full year revenue and adjusted EBITDA guidance for 2025....
- Revenue Guidance: For the first quarter of 2025, we expect revenue in a range of $45 to $47 million. For the full year, we expect revenue in a range of $190 to $200 million.
- Non-GAAP Adjusted EBITDA Guidance: For the first quarter of 2025, we expect adjusted EBITDA in a range of negative $6 million to negative $8 million. For the full year, we expect adjusted EBITDA in a range of negative $8 million to negative $18 million.
- Liquidity and Capital Resources: We expect to end the year with no debt and cash in the range of $35 to $40 million.
Shares -3.77% .