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) announced that CFO Ken Hahn will participate in a fireside chat at the KeyBanc Capital Markets Technology Leadership Forum on August 8, 2022, at 2:30 p.m. MT / 4:30 p.m. ET. The event will be available via a live webcast and on Coursera's Investor Relations website.
As of June 30, 2022, Coursera boasts over 107 million registered learners and partners with more than 275 universities and industry leaders to offer diverse educational content. The company aims to provide universal access to quality learning.
Coursera (NYSE: COUR) reported strong financial results for Q2 2022, with total revenue reaching $124.8 million, a 22% increase year-over-year. Enterprise revenue surged 55% to $43.7 million, driven by increasing demand from businesses and governments. Gross profit improved to $78.4 million, or 62.8% of revenue. However, the net loss widened to $(49.3) million, reflecting a (39.5)% margin. Despite this, operating cash flow turned positive at $0.9 million. The company added 5 million new registered learners, totaling 107 million.
Coursera (NYSE: COUR) will announce its Q2 2022 financial results on July 27, 2022, after U.S. market close. The results will be shared in a press release, followed by an earnings conference call at 2:00 p.m. PT. Investors can access the live webcast on the company's Investor Relations website. Coursera aims to provide universal access to high-quality education, partnering with over 250 institutions, and having 102 million registered learners as of March 31, 2022.
The latest Global Skills Report from Coursera reveals a growing demand for digital and human skills due to economic challenges. U.S. proficiency in technology and data skills is declining, ranking 29th globally, while business skills like leadership improved from 40% to 67% in the last year. Significant state-level disparities were noted, with states like Idaho leading in tech skills. The report emphasizes the need for equitable access to skill-building for disadvantaged groups to foster a competitive workforce.
Coursera (NYSE: COUR) announced that CEO Jeff Maggioncalda and CFO Ken Hahn will participate in a presentation at the 42nd Annual William Blair Growth Stock Conference on June 8, 2022, at 8:00 a.m. CT. A live webcast and archived replay will be accessible on Coursera's Investor Relations website.
Coursera, founded in 2012, partners with over 250 institutions and serves 102 million learners as of March 2022.
Coursera (NYSE: COUR) has announced that its CFO, Ken Hahn, will participate in a virtual fireside chat at the 17th Annual Needham Technology & Media Conference on May 18, 2022, at 10:30 a.m. PT.
Investors can access a live webcast and archived replay of the event through Coursera’s Investor Relations website.
Coursera, launched in 2012, now boasts 102 million registered learners and partners with over 250 institutions to offer a wide range of courses and credentials.
Coursera (NYSE: COUR) has announced the launch of Clips, featuring over 10,000 bite-sized videos aimed at enhancing employee skill development from top companies and universities. By the end of the year, the offering will expand to over 200,000 videos. With Clips, employees can learn valuable skills in under 10 minutes, addressing the challenge of limited time for training. This initiative is designed to improve employee retention and support organizational transformation, with features that allow just-in-time learning within broader courses.
Coursera (NYSE: COUR) reported a strong first quarter for 2022, with revenue increasing by 36% year-over-year to $120.4 million. The gross profit rose to $77.6 million, representing 64.5% of revenue. Despite a net loss of $(38.3) million, the platform registered over 100 million learners. Consumer revenue grew by 31% to $68.1 million, and Enterprise revenue surged 59% to $39.0 million. The company anticipates second quarter revenue between $128 to $132 million.
Coursera (NYSE: COUR) will release its financial results for Q1 2022 after U.S. market close on April 27, 2022. The results will be shared through a press release followed by a conference call at 2:00 p.m. PT. Investors can access the live webcast and earnings materials on the company’s Investor Relations website. Coursera, founded by Stanford professors in 2012, has 97 million registered learners and partners with over 250 institutions.
Coursera (NYSE: COUR) will participate in two investor conferences in March 2022. The first is the Raymond James 43rd Annual Institutional Investors Conference on March 7, featuring CFO Ken Hahn at 11:15 a.m. PT. The second is the Morgan Stanley Technology, Media & Telecom Conference on March 10, with CEO Jeff Maggioncalda speaking at 9:45 a.m. PT. Live webcasts and replays will be available on Coursera’s Investor Relations website. The company aims to provide universal access to quality learning with over 97 million registered learners.