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), 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.
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.
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