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 (COUR) delivers transformative online learning solutions through partnerships with top universities and organizations worldwide. This news hub provides investors and industry observers with centralized access to official updates shaping the edtech landscape.
Find timely updates on Coursera's strategic initiatives, including new degree program launches, enterprise partnership expansions, and platform innovations. Our curated collection features earnings announcements, leadership updates, and regulatory filings essential for understanding the company's market trajectory.
Key updates include quarterly financial results, content partnership developments with institutions like Yale and Google, workforce training initiatives for global enterprises, and technological advancements in course delivery. Track how Coursera addresses evolving demands for accessible education and corporate upskilling solutions.
For stakeholders monitoring the competitive edtech sector, this resource consolidates critical information on Coursera's growth strategies, certification program developments, and international expansion efforts. Bookmark this page to stay informed about COUR's progress in democratizing education through technology-driven solutions.
Coursera (NYSE: COUR) reported a 33% year-over-year revenue growth for Q3 2021, totaling $109.9 million. Gross profit increased by 55% to $67.7 million, reflecting a gross margin of 61.6%. While the net loss widened to $(32.5) million, non-GAAP net loss was $(8.0) million. The company achieved a 75% growth in Enterprise revenue, driven by expanding customer relationships, and added 5.5 million new registered learners, reaching 92 million total learners. The full-year revenue outlook anticipates 40% growth.
Coursera (NYSE: COUR) is set to announce its financial results for Q3 2021 on November 2, 2021, following the U.S. market close. The announcement will include a press release and financial statements, followed by a conference call at 2:00 PM PT (5:00 PM ET). Investors can access the live webcast through the company’s Investor Relations website. Coursera, founded in 2012, boasts 87 million registered learners as of June 30, 2021 and partners with over 200 institutions.
The Women and Skills Report by Coursera analyzes the pandemic's impact on women's learning trends, revealing a rise in online education participation. Women comprised 52% of new learners in 2021, up from 47% in 2019. Despite higher unemployment rates, women are increasingly enrolling in STEM and entry-level Professional Certificate programs. The report highlights that women learners show a balanced investment in both human and digital skills. Coursera's initiatives contributed to this growth, indicating a shift towards skill development amid challenging labor market conditions.
Coursera (NYSE: COUR) has secured 54 new enterprise customers in EMEA, achieving a 44.3% year-over-year growth in enterprise enrollment. Over 130 companies have expanded their learning programs, reflecting a strong demand for skills development as highlighted in PwC's 2021 Global CEO Survey. New offerings like Academies and SkillSets are enhancing the learning experience, targeting critical skills in technology and data science. Partnerships with firms like Lycamobile and Checkatrade indicate a commitment to upskilling amid increasing digital demands.
Coursera (NYSE: COUR) has launched its new Leadership Academy as part of its Coursera for Business platform. This initiative aims to equip companies with essential leadership skills amid evolving workplace dynamics. The academy offers over 350 job-based content recommendations and features 42 SkillSets, covering areas like Emotional Intelligence and Change Management. The Leadership Academy is designed to help organizations foster a culture of leadership through scalable, personalized training.
Coursera (NYSE: COUR) introduces a new tiered fee structure for universities aiming to expand online degree offerings, reducing service fees from 40% to 25% as programs grow. This change is designed to support growing demand for affordable online education, with a reported 55% increase in degree offerings on Coursera. Notable partners like the University of Illinois at Urbana-Champaign and the University of Colorado Boulder endorse this initiative, highlighting benefits for students and program scalability. The structure will first launch in North America and Europe.
Coursera (NYSE: COUR) announces that CFO Ken Hahn will participate in a virtual fireside chat at the KeyBanc Technology Leadership Forum on August 11, 2021, at 12:20 p.m. PT / 3:20 p.m. ET. A live webcast and replay will be available on Coursera's Investor Relations website. Coursera, founded in 2012, has 87 million registered learners and partners with over 200 institutions to provide access to high-demand educational content.
Coursera (NYSE: COUR) reported Q2 2021 financial results, with revenue at $102.1 million, reflecting a 38% increase year-over-year. Gross profit reached $60.9 million, marking a 58% rise. However, the net loss deepened to $(46.4) million, compared to $(13.9) million a year prior.
Significant metrics include a 69% increase in Enterprise revenue, driven by strong customer renewals and growth, alongside the addition of 5 million registered learners, totaling 87 million learners.
Coursera (NYSE: COUR) is set to release its second quarter fiscal year 2021 financial results on August 3, 2021, post-market close. The earnings will be shared via press release and financial statements, followed by a conference call at 2:00 p.m. PT. Investors can access the live webcast and archived replay on Coursera's Investor Relations website. The company, established in 2012, serves over 82 million learners, partnering with 200+ institutions to offer a comprehensive range of learning options, from courses to degrees.
The Global Skills Report by Coursera highlights a worsening digital skills gap in the US exacerbated by the pandemic. Over 77 million learners' data reveals the US ranks low globally in digital skills, placing 29th in business and 30th in technology. Notably, regions like the South lag in training for middle-skill jobs. However, the rate of women enrolling in online courses increased significantly. The report emphasizes the necessity of accessible credentials for reskilling, with an expectation of 97 million new digital jobs worldwide by 2025, underscoring the urgency of addressing the skills gap.
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