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 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.
Coursera (NYSE: COUR) reported a 41% increase in full-year revenue to $415 million for 2021, alongside a 70% growth in enterprise revenue, now at $120 million. Q4 2021 revenue reached $115 million, a 38% rise year-over-year. The company saw a net loss of $(145.2 million), compared to $(66.8 million) the previous year. Despite the losses, net cash from operations shifted to a positive $1.7 million. The outlook for 2022 anticipates 30% revenue growth, signaling ongoing demand for its online learning platform.
Coursera (NYSE: COUR) will announce its financial results for Q4 and full year ending December 31, 2021 on February 10, 2022, post-market close. A conference call will follow at 2:00 p.m. PT (5:00 p.m. ET). Investors can access the earnings release and conference call via the Investor Relations website. Coursera aims to provide universal access to quality education through partnerships with over 250 institutions and boasts 92 million registered learners as of September 30, 2021.
Coursera (NYSE: COUR) will engage in two investor conferences in December 2021. The first is the Raymond James Virtual Technology Investors Conference on December 6, featuring CEO Jeff Maggioncalda and CFO Ken Hahn at 10:20 a.m. PT. The second is the UBS Global TMT Virtual Conference on December 8, where CFO Ken Hahn will speak at 11:00 a.m. PT. Both events will be accessible via live webcast on Coursera’s Investor Relations website, ensuring compliance with Regulation FD disclosure requirements.
Coursera (NYSE: COUR) announces participation by CFO Ken Hahn in two upcoming investor conferences. The first is the 2021 RBC Capital Markets Global Technology, Internet, Media, and Telecommunications Conference on November 16, 2021, at 11:00 a.m. PT. The second is the 11th Annual Needham Virtual SaaS 1x1 Conference on November 18, 2021. Investors can access a live webcast of the fireside chat and an archived replay on Coursera’s Investor Relations website.
Coursera (NYSE: COUR) has launched LevelSets, a new assessment tool to gauge proficiency in vital technology and data skills, including data analysis and machine learning. Available on its enterprise platform, LevelSets features over 20 assessments created with machine learning, enabling learners to complete evaluations in under 15 minutes. Initial data show early adopters like Fidelity and Pfizer report 3x increased enrollment in recommended courses and a 66% boost in completion rates post-assessment. LevelSets aims to streamline the learning journey and enhance skill development for learners.
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.