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Nerdy Inc (NRDY) operates a leading AI-powered online learning platform connecting learners with expert educators. This page serves as the definitive source for verified company announcements, financial updates, and strategic developments.
Access real-time press releases covering earnings reports, product innovations, leadership changes, and partnerships. Investors will find essential updates on operational milestones while educators and users can track platform enhancements.
All content is curated to meet strict journalistic standards, providing clear context for financial decisions without speculative commentary. Key coverage areas include technology advancements in adaptive learning, market expansion initiatives, and quarterly performance summaries.
Bookmark this page for direct access to Nerdy Inc's official communications. Check regularly for updates that could impact your understanding of the company's position in the competitive EdTech sector.
Nerdy (NYSE: NRDY) reported third quarter 2025 results: revenue $37.0M (down 1% YoY), net loss $18.7M, and a non-GAAP adjusted EBITDA loss of $10.2M which beat guidance of negative $11.0M to $13.0M. Learning Membership revenue was $33.0M (89% of revenue); Active Members totaled 34.3k and ARPM was $374 (+24% YoY). Gross margin was 62.9%, down from 70.5% YoY, primarily due to Expert pay and incentives. Headcount declined ~27% YoY and adjusted EBITDA margin improved ~960 bps YoY. On November 3, Nerdy closed a delayed-draw term loan facility with up to $50M capacity and borrowed $20M; cash was $32.7M at quarter end and year-end cash is expected at $45–48M. Q4 revenue guidance: $45–47M; full-year revenue guidance: $175–177M.
Nerdy (NYSE: NRDY) will release third quarter results for the period ended September 30, 2025 after U.S. market close on November 6, 2025. Management will host a conference call and live webcast at 5:00 p.m. Eastern Time the same day to discuss financial and operating results.
U.S. dial-in: 1-833-470-1428; International dial-in: 1-404-975-4839; Access Code: 192454. Live webcast: https://www.nerdy.com/investors. Webcast replay available on the website for one year. Telephonic replay available until November 13, 2025 via U.S. 1-866-813-9403 or international 1-929-458-6194 (Access Code: 354807).
Nerdy Inc. (NYSE: NRDY) has unveiled its new Live+AI™ platform through its Varsity Tutors division, combining human tutoring with AI-powered tools to enhance educational outcomes. The platform features over 40 AI-powered teacher tools that reduce lesson planning time by 7-10+ hours weekly.
The comprehensive solution includes AI-enhanced high-dosage tutoring, 24/7 academic support, and predictive analytics dashboards for administrators. Early adoption by districts like Polk County Public Schools has shown promising results. The platform aligns with current trends, as 60% of US teachers used AI tools during 2024-25, with weekly users saving nearly six hours per week.
Nerdy (NYSE: NRDY), parent company of Varsity Tutors, has appointed John Paszterko as Chief Operating Officer. Paszterko joins from Amazon, where he spent over 9 years, most recently heading North America Customer Fulfillment operations efficiency. At Nerdy, he will lead Consumer Sales, Marketplace Operations, and Member Services.
Paszterko brings significant experience in scaling operations and technology integration from Amazon, where he led a team of 180+ managers overseeing process improvement across 200+ Fulfillment Centers. His appointment aligns with Nerdy's focus on accelerating their Live + AI™ platform, which combines expert human instruction with artificial intelligence.
Nerdy (NYSE:NRDY) reported Q2 2025 financial results, showing mixed performance with revenue of $45.3 million, down 11% year-over-year but within guidance. The company's Learning Membership revenue grew 4% year-over-year to $37.8 million, with 30.6k Active Members and a 24% increase in ARPM to $348.
The company's institutional segment, Varsity Tutors for Schools, showed strength with $4.9 million in bookings, up 21% year-over-year. Gross margin was 61.5%, down from 65.7% in Q2 2024. Nerdy reported a net loss of $12.0 million and beat adjusted EBITDA loss guidance with a loss of $2.7 million.
Looking ahead, Nerdy expects Q3 2025 revenue of $37-40 million and full-year revenue of $191-197 million, maintaining $36.7 million in cash with no debt. The company remains on track for profitability on an adjusted EBITDA basis in Q4 2025.
Nerdy (NYSE: NRDY), a leading platform for live online learning, has scheduled its second quarter 2025 financial results announcement for August 7, 2025, after market close.
The company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day. U.S. participants can dial 1-833-470-1428, while international callers can use 1-404-975-4839 (Access Code: 310344). A webcast replay will be available for one year on Nerdy's investor relations website, and a phone replay will be accessible until August 14, 2025.
Nerdy Inc. (NYSE: NRDY), parent company of Varsity Tutors, has signed the White House "Investing in AI Education" pledge, committing to a four-year initiative to expand AI education and tools across America. The company will leverage its Live + AI™ platform to combine expert human instruction with artificial intelligence capabilities.
The commitment includes three main pillars: expanding access to AI tools for millions of students, empowering educators with AI-driven productivity solutions, and delivering measurable academic impact through human + AI high-dosage tutoring. Key features of the Live + AI platform include AI-enhanced tutoring sessions, 24/7 academic support, comprehensive session insights, and AI teacher tools that can reduce administrative workload by 7-10+ hours weekly.
Nerdy (NYSE: NRDY) reported Q1 2025 financial results, beating revenue guidance with $47.6 million, though showing an 11% year-over-year decline. The company launched Live + AI™, a next-generation AI-enhanced tutoring platform. Key metrics include:
- Learning Membership revenue: $37.9M (80% of total revenue)
- Active Members: 40.5K with ARPM of $335 (14% increase)
- Institutional revenue: $9.4M (19% of total)
- Gross margin: 58.0% (down from 68.0%)
- Net loss: $16.2M
- Adjusted EBITDA loss: $6.4M
The company reduced headcount by 16% and raised its full-year 2025 revenue guidance to $191.5-200M while maintaining adjusted EBITDA guidance of -$8M to -$18M. Nerdy expects Q2 2025 revenue of $45-48M.
Varsity Tutors has launched Live + AI™, a next-generation tutoring platform that combines human expertise with artificial intelligence to enhance K-12 education. The platform, announced by parent company Nerdy (NYSE: NRDY), aligns with the White House AI-in-Education Executive Order.
Key features include:
- AI-enhanced high-dosage tutoring with one-on-one and small-group sessions
- 24/7 academic support and real-time analytics
- AI teacher tools that save 7-10 hours weekly on administrative tasks
- Immersive live classes for academic intervention and test prep
The platform serves over 1,000 districts nationwide, with students achieving up to 2X gains in targeted skill areas. Live + AI™ focuses on preserving human connection while leveraging AI to deliver personalized instruction, automated lesson prep, and progress tracking. The solution aims to accelerate learning gains, improve student outcomes, and strengthen staff retention while preparing students for an AI-driven future.
Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, has scheduled its first quarter 2025 financial results announcement for May 8, 2025, after U.S. market close. The company will host a conference call and webcast at 5:00 p.m. Eastern Time to discuss the results.
Investors can access the call through U.S. dial-in (1-833-470-1428) or international dial-in (1-404-975-4839) with Access Code 198672. A live webcast will be available on Nerdy's investor relations website, with replay access until May 15, 2025.
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