Udemy (NASDAQ:UDMY – Get Free Report) is set to announce its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Udemy has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Investors that wish to register for the company’s conference call can do so using this link.
Udemy (NASDAQ:UDMY – Get Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The company reported ($0.12) EPS for the quarter, topping the consensus estimate of ($0.16) by $0.04. Udemy had a negative net margin of 14.72% and a negative return on equity of 27.31%. The firm had revenue of $189.55 million for the quarter, compared to analyst estimates of $185.71 million. On average, analysts expect Udemy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Udemy Trading Up 1.2 %
Shares of NASDAQ:UDMY opened at $10.30 on Tuesday. The company’s fifty day moving average price is $10.70 and its 200 day moving average price is $12.33. Udemy has a 12 month low of $8.17 and a 12 month high of $16.01.
Analyst Upgrades and Downgrades
Insider Transactions at Udemy
In other news, CTO Venu Venugopal sold 4,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $13.79, for a total transaction of $55,160.00. Following the transaction, the chief technology officer now directly owns 352,013 shares in the company, valued at $4,854,259.27. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In other news, CTO Venu Venugopal sold 4,000 shares of the business’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $13.79, for a total transaction of $55,160.00. Following the transaction, the chief technology officer now directly owns 352,013 shares in the company, valued at $4,854,259.27. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gregory Scott Brown sold 10,000 shares of the business’s stock in a transaction dated Wednesday, March 6th. The stock was sold at an average price of $11.04, for a total transaction of $110,400.00. Following the sale, the chief executive officer now directly owns 1,163,328 shares in the company, valued at approximately $12,843,141.12. The disclosure for this sale can be found here. Insiders have sold a total of 50,981 shares of company stock worth $570,044 over the last ninety days. 3.20% of the stock is currently owned by company insiders.
About Udemy
Udemy, Inc, a learning company, that operates a marketplace platform for learning skills in the United States and internationally. The company offers skill acquisition, development, and validation courses for organizations and individuals, through direct-to-consumer or Udemy Business offerings in various languages.
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