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 Inc. (NYSE: NRDY) will release its first quarter financial results for the period ending
Nerdy Inc. (NYSE: NRDY) reported solid financial results for Q4 2022, achieving $41.8 million in revenue, exceeding its guidance range of $39-41 million. The company's revenue for the year reached $162.7 million, a 16% increase from 2021. Learning Memberships generated $20.8 million in Q4, comprising 50% of total revenue, and its annual run rate for this segment hit $87 million. The company executed over 70 institutional contracts, resulting in $11.3 million in bookings. Despite a $15.1 million net loss for Q4, Nerdy remains optimistic, with an outlook for adjusted EBITDA profitability by year-end 2023.
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