Welcome to our dedicated page for Coursera news (Ticker: COUR), a resource for investors and traders seeking the latest updates and insights on Coursera stock.
Coursera, Inc. reports developments tied to its online learning platform, which connects individual learners, educators, companies, universities and other institutions with courses, Specializations, Professional Certificates and degrees. The company’s updates commonly cover operating and financial results, shareholder communications, investor events, governance matters and capital-structure disclosures.
Coursera news also includes platform and market research on skills demand, GenAI adoption, higher education and workforce training. Its recurring business themes include Consumer and Enterprise activity, university and industry partner content, AI-enabled learning features such as Coach, Role Play and Course Builder, and role-based offerings such as Skills Tracks.
Coursera (NYSE: COUR) has announced that its CFO, Ken Hahn, will participate in a fireside chat at the 16th Annual Needham Virtual Technology & Media Conference on May 18, 2021, at 9:45 a.m. PT / 12:45 p.m. ET. A live webcast and an archived replay will be accessible on Coursera's Investor Relations website.
Coursera emphasizes its commitment to transparency by sharing material information via various channels, including SEC filings and webcasts. Founded in 2012, Coursera has over 82 million registered learners and collaborates with over 200 educational partners.
Coursera (NYSE: COUR) has announced a partial early release of lock-up restrictions on certain shares of its common stock. As of May 4, 2021, 25% of the shares held by executive officers, directors, and other equityholders can be sold starting May 11, 2021, pending specific share price conditions. Approximately 34 million shares will be eligible for trading, subject to Securities Act regulations. The remaining shares will still be under lock-up agreements.
Coursera (NYSE: COUR) reported a strong first quarter for fiscal 2021, ending March 31, with total revenue of $88.4 million, a 64% increase year-over-year. Gross profit rose 71% to $49.5 million, representing 56.1% of revenue. However, the company incurred a net loss of $(18.7) million, though this loss represented an improvement as a percentage of revenue. Key metrics show a surge in registered learners to 82 million and a significant 63% growth in Enterprise revenue, reflecting strong demand for online learning. Outlook for Q2 revenue is projected between $89 and $93 million.
Coursera (NYSE: COUR) will announce its Q1 FY 2021 financial results after market close on May 4, 2021. A press release with financial statements will precede a conference call at 2:00 p.m. PT (5:00 p.m. ET).
The conference call will be available via investor.coursera.com, where participants can also register for the event. Coursera, founded in 2012, has over 77 million registered learners and partners with 200+ leading institutions to provide diverse online learning offerings.
Coursera, Inc. has priced its initial public offering at $33.00 per share, offering a total of 15,730,000 shares. This includes 14,664,776 shares from Coursera and 1,065,224 shares from selling stockholders, aiming for gross proceeds of $483.9 million. Shares will trade on the NYSE under the ticker COUR starting March 31, 2021, with the offering expected to close on April 5, 2021. Coursera has granted underwriters a 30-day option for an additional 2,359,500 shares. Morgan Stanley and Goldman Sachs are leading the offering.
Coursera, Inc. has filed a registration statement on Form S-1 with the SEC for a planned initial public offering (IPO) of its common stock, with the number of shares and price range yet to be established. The company intends to list its shares on the New York Stock Exchange under the ticker symbol COUR. Morgan Stanley and Goldman Sachs will serve as lead book-running managers, while Citigroup and UBS will be additional bookrunners. The offering will be conducted via a prospectus, and a registration statement has been filed but is not yet effective.