Nerdy Inc Stock Price, News & Analysis

TMA Systems has appointed Todd Miltenberger as Vice President of Finance & Corporate Development. With over 12 years of financial expertise, he previously played a pivotal role in executing the IPO of Nerdy, Inc. (NYSE: NRDY). Miltenberger’s appointment follows a significant investment from Silversmith Capital Partners in September 2021, signaling TMA's aim for accelerated growth and potential acquisitions. CEO Mark Simner highlighted Miltenberger's experience in building high-performing finance teams as crucial for TMA's expansion strategy.

Nerdy Inc. (NYSE: NRDY) announced participation in upcoming investor conferences this March. The JMP Securities Technology Conference is scheduled for March 7, 2022, at 2:00 p.m. PT, with CEO Chuck Cohn and CFO Jason Pello as speakers. Subsequently, the Deutsche Bank 30th Annual Media, Internet, & Telecom Conference will take place on March 14, 2022, at 12:50 p.m. PT. Live webcasts will be available on Nerdy’s investor relations website.

Nerdy focuses on live online learning, connecting learners with experts across over 3,000 subjects.

Nerdy Inc. (NYSE: NRDY) reported record financial results for Q4 and the full year ended December 31, 2021. Bookings reached $159.9 million (+48%) and revenue hit $140.7 million (+35%) year-over-year. Q4 figures also set new highs with bookings of $47.3 million (+53%) and revenue of $42.0 million (+27%). The company experienced a 46% increase in Active Learners and a 73% rise in Online Sessions. For Q1 2022, revenue guidance is projected at $45-$48 million, while full-year expectations stand at $196-$200 million, indicating over 40% growth.

Nerdy Inc. (NYSE: NRDY) will release its fourth quarter and full year financial results for the period ending December 31, 2021, after the U.S. stock market closes on February 28, 2022. A conference call and webcast is scheduled for 5:00 p.m. Eastern Time on the same day to discuss the results. Interested parties can listen in by dialing the provided numbers or via Nerdy's investor relations website. The company's platform connects learners to experts across 3,000+ subjects, emphasizing their mission to enhance online learning through technology.

Nerdy Inc. (NYSE: NRDY) has appointed Molly Sorg as Vice President and Head of Investor Relations. Sorg will guide Nerdy's financial market strategies and act as the main liaison for investors and analysts. Her previous experience includes SVP at Vistra Corp., where she managed investor relations and sustainability. Sorg aims to support Nerdy's growth and innovation in online learning. The company focuses on connecting learners with experts through technology, offering diverse educational formats across thousands of subjects.

Nerdy Inc. (NYSE: NRDY) has appointed former U.S. Deputy Secretary of Education, William "Bill" D. Hansen, as Senior Advisor for Institutional Strategy. This strategic move aims to bolster the company’s K-12 school initiatives, particularly following the launch of Varsity Tutors for Schools, which has secured contracts with 47 school districts worth nearly $10 million annually. Hansen's extensive experience in education policy is expected to enhance Nerdy's product development and market strategies as it expands its services to address the needs of students and educators nationwide.

Nerdy Inc. (NYSE: NRDY) will present at the Barclays Global Technology, Media and Telecommunications Conference on December 8 at 4:45 PM EST. The presentation will feature Chuck Cohn, Founder and CEO, along with Jason Pello, CFO. Interested parties can access a live webcast on Nerdy's investor relations website, with an archived replay available post-event.

Nerdy operates a leading platform for live online learning, offering over 3,000 subjects and various instructional formats, including one-on-one tutoring through its flagship business, Varsity Tutors.

Nerdy (NYSE: NRDY) reported strong Q3 2021 results with record bookings of $44.5 million, a 32% year-over-year increase. Active Learners rose by 36%, contributing to a revenue of $31.3 million, up 19% year over year. The launch of Varsity Tutors for Schools resulted in contracts with 47 school districts, totaling nearly $10 million in annual value. The company anticipates Q4 revenues between $40 and $43 million, projecting full-year revenues of $139 to $141 million, a 35% increase from 2020.