Welcome to our dedicated page for Nerdy news (Ticker: NRDY), a resource for investors and traders seeking the latest updates and insights on Nerdy stock.
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 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.
Nerdy (NYSE: NRDY) reported Q4 2024 financial results with revenue of $48.0 million, exceeding guidance but showing a 13% year-over-year decline from $55.1 million in 2023. The company posted a non-GAAP adjusted EBITDA loss of $5.5 million, better than expected.
Consumer Learning Memberships generated $39.2 million (82% of total revenue) with 37.5K Active Members. Institutional revenue was $6.8 million (14% of total revenue), with Varsity Tutors for Schools securing 91 contracts worth $4.6 million in bookings.
Gross margin decreased to 66.6% from 71.3% in Q4 2023. The company maintains a strong balance sheet with $52.5 million in cash and no debt. For 2025, Nerdy projects Q1 revenue of $45-47 million and full-year revenue of $190-200 million, with expected adjusted EBITDA losses.
Nerdy Inc. (NYSE: NRDY), a platform for live online learning, has scheduled its fourth quarter and full year 2024 financial results announcement for February 27, 2025, after U.S. market close.
Management will host a conference call and webcast at 5:00 p.m. Eastern Time to discuss the results. U.S. participants can dial 1-833-470-1428, while international callers can use 1-404-975-4839 (Access Code: 716743). The webcast will be available on Nerdy's investor relations website, with a replay accessible until March 6, 2025, via phone (U.S.: 1-866-813-9403, International: 1-929-458-6194, Access Code: 501480) and on the website for one year.
Preble Shawnee Local School District has partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to provide comprehensive tutoring resources to all district students. The platform offers 24/7 on-demand chat tutoring, essay review, live enrichment classes, SAT/ACT test prep, and college readiness resources.
The partnership aims to provide personalized academic support through interactive study tools, collaborative workspaces, and dynamic tutoring resources. The platform is already utilized by over 1,000 school districts nationwide to supplement classroom learning and close learning gaps. Students can access immediate homework help, practice tests, personal lesson plans, and expert-led live classes in subjects like Geometry, Middle School Math, and Elementary School Reading.
Buckeye Valley Local School District has partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to provide comprehensive tutoring resources to all district students. The platform offers 24/7 on-demand chat tutoring, essay review, live enrichment classes, SAT/ACT test prep, and self-study resources.
The partnership gives students, educators, and parents access to interactive study tools, collaborative workspaces, and dynamic tutoring resources. Features include celebrity-led StarCourse classes, college & career readiness resources, and adaptive assessments with personalized learning plans.
Brian Orrenmaa, Chief of Academic Affairs, highlighted the platform's value for students needing immediate assistance outside teacher availability. The platform is currently used by over 1,000 school districts nationwide to supplement classroom learning and close learning gaps.
Pródos Academy of Education and Sport has partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to provide comprehensive tutoring resources to all district students. The partnership offers access to a platform featuring 24/7 on-demand chat tutoring, essay review, live enrichment classes, SAT/ACT prep, and self-study resources.
The platform, currently used by over 500 school districts nationwide, includes features such as adaptive assessments, personalized learning plans, and celebrity-led StarCourse classes. Students can access immediate homework help, practice tests, and expert-led live classes in subjects ranging from Geometry to Elementary School Reading.
Headmaster Nathan Valentine emphasized the alignment between the platform and the academy's commitment to holistic development, while Anthony Salcito, Chief Institutional Officer at Varsity Tutors for Schools, highlighted the platform's flexibility in implementation models.
Winton Woods City School District has partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to provide comprehensive tutoring resources to all district students. The platform offers 24/7 on-demand chat tutoring, essay review, live enrichment classes, SAT/ACT test prep, and college & career readiness resources.
The platform includes features such as adaptive assessments, personalized learning plans, and translation capabilities into 100 languages. Dr. Tamra Ragland, Executive Director of Teaching and Learning, highlighted the platform's value as a free resource for families, offering services beyond basic homework help.
Currently, over 500 school districts across the country use the Varsity Tutors for Schools platform to supplement classroom learning and address learning gaps. The platform provides immediate access to tutors and allows students to participate in expert-led live classes in subjects like Geometry, Middle School Math, and Elementary School Reading.
Manassas City Public Schools has partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to provide comprehensive tutoring resources to all district students. The platform offers 24/7 on-demand chat tutoring, essay review, live enrichment classes, SAT/ACT prep, and self-study resources.
The partnership includes features such as StarCourse celebrity-led classes, college & career readiness resources, and adaptive assessments with personalized learning plans. Currently, over 500 school districts across the country use the platform to supplement classroom learning and address learning gaps. Students can access immediate homework help, practice tests, and expert-led live classes in subjects like Geometry, Middle School Math, and Elementary School Reading.
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