UDMY - Udemy Inc. (UDMY) Q1 2024 Earnings Call Transcript
2024-05-05 10:49:08 ET
Udemy, Inc. (UDMY)
Q1 2024 Earnings Conference Call
May 2, 2024 17:00 ET
Company Participants
Dennis Walsh - Vice President, Investor Relations
Gregory Brown - Chief Executive Officer
Sarah Blanchard - Chief Financial Officer
Conference Call Participants
Stephen Sheldon - William Blair
Curtis Nagle - Bank of America
Ryan MacDonald - Needham & Company
Connor Passarella - Truist
Josh Baer - Morgan Stanley
Noah Herman - JPMorgan
David Lustberg - Jefferies
Devin Au - KeyBanc
Presentation
Operator
Good day and welcome to Udemy’s First Quarter of 2024 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to Dennis Walsh, Vice President, Investor Relations. Please go ahead.
Dennis Walsh
Thank you, Joe. Joining me today are Udemy’s Chief Executive Officer, Gregory Brown; and Chief Financial Officer, Sarah Blanchard. During this call, we will make forward-looking statements within the meaning of federal securities laws. These statements involve assumptions and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those discussed or anticipated.
For a complete discussion of risks associated with these forward-looking statements, we encourage you to refer to our most recent Form 10-K and Form 10-Q filings with the Securities and Exchange Commission. Our forward-looking statements are based upon information currently available to us. We caution you to not place undue reliance on forward-looking statements. We do not undertake and expressly disclaim any duty or obligation to update or alter our forward-looking statements, except as required by applicable law.
In addition, during this call, certain financial performance measures may be discussed that differ from comparable measures contained in our financial statements prepared in accordance with U.S. generally accepted accounting principles referred to by the Securities and Exchange Commission as non-GAAP financial measures. We believe that these non-GAAP financial measures support management and investors in evaluating our performance and comparing period-to-period results of operations in a more meaningful and consistent manner as discussed in greater detail in the supplemental schedules to our earnings news release. A reconciliation of these non-GAAP measures to the most comparable GAAP financial measures is included in our earnings press release. These reconciliations together with additional supplemental information are available on the Investor Relations section of our website. A replay of today’s call will also be posted on the website.
With that, I will now turn the call over to Greg.
Gregory Brown
Thank you, Dennis, and good afternoon to everyone on the call. It was a good start to the year for Udemy, and we continue to be excited about the significant opportunity in front of us. During Q1, we further expanded our global enterprise customer base and executed on our strategy to meet customers’ evolving needs with our innovative Intelligent Skills Platform....
Udemy, Inc. (UDMY) Q1 2024 Earnings Call Transcript