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. (NYSE: NRDY) is a platform for live online learning that regularly issues news and updates about its operations, technology, and financial performance. Through its flagship business, Varsity Tutors, and its AI-enhanced Live+AI™ and Live Learning Platform 2.0 initiatives, the company reports on new product capabilities, institutional partnerships, and developments in its consumer and school-focused offerings.
Investors and observers following NRDY news can expect recurring coverage of quarterly financial results, typically announced via press releases and accompanying earnings calls. These updates describe trends in Learning Membership revenue, consumer and institutional revenue mix, gross margin, and non-GAAP adjusted EBITDA, as well as commentary on the company’s path to profitability and liquidity position, including term loan arrangements disclosed in SEC filings.
Nerdy’s news flow also highlights AI and product innovation, such as the launch of Live+AI, Live Learning Platform 2.0, and new tools for teachers, administrators, and students. Releases describe features like AI-powered teacher tools, predictive analytics dashboards, AI-assisted practice, and 24/7 academic support, along with district case studies and national initiatives like Varsity Tutors signing the White House “Investing in AI Education” pledge.
Additional NRDY updates cover corporate developments, including executive appointments, conference participation, and disclosures about open market share purchases by company leadership. For anyone tracking how AI-enabled education businesses evolve, Nerdy’s news stream offers insight into its strategic priorities, product roadmap, and relationships with school districts and other institutional partners.
This page aggregates these press releases and related coverage so readers can review Nerdy’s latest announcements on earnings, capital structure, AI-enhanced learning tools, and the performance of its Varsity Tutors and institutional businesses over time.
Western Michigan Christian High School and Middle School have partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to provide all district students free access to a comprehensive learning platform until June 30, 2030. The platform offers 24/7 on-demand chat tutoring, essay review, live classes, SAT/ACT prep, and more. This initiative aims to support students, educators, and parents by offering various resources to enhance learning and close educational gaps.
Trinity Lutheran School has partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to offer all students free access to the Varsity Tutors for Schools platform until June 30, 2030. The platform includes a range of resources such as 24/7 on-demand chat tutoring, essay reviews, live enrichment classes, SAT/ACT prep, and more. This platform aims to supplement classroom learning and close educational gaps, benefiting over 500 school districts nationwide. Students can receive instant help, engage in self-study, and join expert-led live classes.
Grayville Community School District 1 has partnered with Varsity Tutors for Schools, a Nerdy company (NYSE: NRDY), to provide live and on-demand learning resources to all district students at no cost until June 30, 2030. The partnership offers a comprehensive platform with various interactive study tools, tutoring services, test prep classes, and enrichment resources to enhance student learning. This collaboration aims to bridge learning gaps and provide personalized support to students, educators, and parents.
Nerdy Inc. (NRDY) will participate in a fireside chat at the J.P. Morgan Global Technology, Media and Communications Conference on May 22, 2024. Chuck Cohn and Jason Pello will represent Nerdy, with a live webcast and replay available on their investor relations website.
Gateway Regional School District has announced a partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to provide students with access to a comprehensive learning platform at no cost. The collaboration offers various resources like live tutoring, test prep classes, celebrity-led courses, and personalized learning plans. This initiative aims to enhance student learning experiences and academic success until June 2030.
Nerdy Inc. (NYSE: NRDY) reported revenue of $53.7 million in Q1 2024, exceeding guidance, with a positive operating cash flow. The company expanded freemium efforts, with 2.2 million students on the Varsity Tutor platform. Active Members and Institutional business revenue saw significant growth. Gross profit increased by 8%, and non-GAAP adjusted EBITDA improved. Second-quarter revenue guidance is $50-$52 million, reaffirming a full-year guidance of $232-$246 million.
Birdville Independent School District has partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, providing all district students with access to the platform until June 30, 2030. The partnership offers a comprehensive platform with various learning resources such as live online tutoring, on-demand chat tutoring, SAT and ACT test prep classes, and more. Over 500 school districts across the country already utilize the platform to supplement classroom learning.
The Eagle Mountain-Saginaw Independent School District has partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to provide students with access to a comprehensive online tutoring platform for free until June 30, 2030. This partnership will offer 24/7 on-demand tutoring, essay reviews, test prep classes, and other resources to enhance students' learning experiences.
Nerdy Inc. (NYSE: NRDY) will participate in the Needham Technology, Media, & Consumer Conference on May 16, 2024. Chuck Cohn and Jason Pello will represent the company in a fireside chat. The event will be live webcasted and available for replay on Nerdy's investor relations website.
The Franklin County School District has partnered with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company, to provide all district students with access to a comprehensive learning platform at no cost until June 30, 2030. The platform offers a wide range of resources including tutoring, test prep classes, study tools, and more.
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