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. reports developments around its live online learning platform, which connects learners with expert instructors through technology and artificial intelligence. The company operates its flagship Varsity Tutors business and offers Learning Memberships, one-on-one instruction, small group tutoring, large-format classes and adaptive assessments for consumers, schools and other institutions.
Recurring news items cover quarterly results, revenue trends, adjusted profitability measures, liquidity and capital resources, product work on its Live+AI platform, management presentations and leadership changes. Company updates also describe how Nerdy applies AI to personalize learning and support tutors across its consumer and institutional channels.
Nerdy (NRDY) reported that it has regained compliance with the New York Stock Exchange continued listing standard for minimum share price under Section 802.01C. This follows an NYSE notification letter dated September 1, 2026 confirming that both Nerdy’s August 31, 2026 closing price and its 30‑trading‑day average closing price exceeded the NYSE’s $1.00 minimum threshold. Nerdy’s Class A common stock will continue to be listed and trade on the NYSE, subject to compliance with other NYSE continued listing requirements.
Nerdy (NYSE: NRDY) has approved a 1-for-15 reverse stock split of its Class A and Class B common stock, expected to become effective at 12:01 a.m. ET on August 19, 2026. Class A shares are expected to begin trading on a split-adjusted basis that day under the existing symbol “NRDY” and a new CUSIP, 64081V208.
The reverse split is intended to increase Nerdy’s per-share price to meet the NYSE’s minimum average closing price requirement for continued listing. Outstanding Class A shares will be reduced from approximately 127.9 million to about 8.5 million. Equity awards will be proportionately adjusted, and stockholders’ percentage ownership should remain unchanged except for cash paid in lieu of fractional shares. Authorized Class A share counts will not change.
Nerdy (NYSE: NRDY) reported second quarter 2026 revenue of $43.3 million, in line with guidance of $42–$44 million and down 4% year-over-year. Consumer revenue was $36.5 million (84% of total). Active Members were 29.1k, down 5% year-over-year, while ARPM rose 5% to $366.
Gross margin improved to 64.7% from 61.5% a year earlier. Net loss narrowed to $6.9 million from $12.0 million, and non-GAAP adjusted EBITDA loss improved to $0.9 million from $2.7 million, matching guidance. Cash and equivalents were $38.4 million at June 30, 2026.
Nerdy decided to exit its U.K. First Tutors business and shut down Varsity Tutors for Schools (VT4S) to focus on its core Consumer segment. It expects $2–$4 million of exit costs, mainly in Q3. Full-year 2026 revenue guidance was reduced to $168–$175 million from $180–$190 million. Full-year non-GAAP adjusted EBITDA guidance is now -$4 million to breakeven, excluding exit costs, with year-end cash projected at $30–$32 million, including a $20 million term loan draw.
Nerdy (NYSE: NRDY) will release its second quarter 2026 financial results for the period ended June 30, 2026, after the U.S. market close on Thursday, August 6, 2026. Management will host a conference call and webcast at 5:00 p.m. Eastern Time via phone and the investor relations website.
Nerdy (NYSE: NRDY) reported Q1 2026 revenue of $48.7 million, above guidance of $46–$48 million and +2% year-over-year. Gross margin was 66.2% versus 58.0% a year ago. The company reported positive non-GAAP adjusted EBITDA of $1.0 million and cash of $44.7 million. Nerdy reaffirmed FY2026 revenue guidance of $180–$190 million and expects year-end cash of $40–$45 million; Q2 revenue guidance is $42–$44 million.
Nerdy (NYSE: NRDY) will release first-quarter 2026 financial results for the period ended March 31, 2026 after the U.S. market close on May 7, 2026. Management will host a conference call and webcast at 5:00 p.m. ET that day to discuss financial and operating results.
U.S. callers may dial 1-833-461-5787, international callers 1-585-542-9983 (Access Code: 397446705), and a live webcast will be available via Nerdy’s investor relations website.
Nerdy (NYSE: NRDY) appointed Atul Bagga as Chief Financial Officer, effective April 6, 2026. Mr. Bagga joins from JLL and brings prior finance leadership at AWS and Zynga.
The company issued full-year 2026 guidance of $180–$190 million revenue, expects non-GAAP adjusted EBITDA ~breakeven and projects ending 2026 cash of $40–$45 million (including a $20 million term loan).
Nerdy (NYSE: NRDY) will participate in the Centri Capital Conference on April 14, 2026. Management will host a fireside chat at 2:30 p.m. ET / 1:30 p.m. CT, with CFO Jason Pello representing the company and holding 1x1 meetings. A live webcast and archived replay will be available on Nerdy’s investor relations website.
Nerdy (NYSE: NRDY) received a notice from the NYSE on March 5, 2026 for noncompliance with Section 802.01C because its 30-day average closing price fell below $1.00. The company notified the NYSE on March 6, 2026 that it intends to cure the deficiency within the six-month cure period.
The company may pursue alternatives including a reverse stock split subject to shareholder approval no later than the 2027 annual meeting. Class A shares will continue trading on the NYSE during the cure period. As of December 31, 2025, cash and cash equivalents were $47.9 million, and available term loan funding supports liquidity.
Nerdy (NYSE: NRDY) reported Q4 2025 revenue of $49.1M, a 2% year-over-year increase, and positive non-GAAP adjusted EBITDA of $1.3M, beating guidance. Gross margin (ex-abandonment) was 66.8%, ARPM was $364 (+21% YoY), and cash was $47.9M as of December 31, 2025. The company introduced Q1 2026 revenue guidance of $46–48M and full-year 2026 guidance of $180–190M, with non-GAAP adjusted EBITDA expected to be approximately breakeven and year-end cash of $40–45M (inclusive of a $20M term loan).