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Udemy, Inc. - $UDMY STOCK NEWS

Welcome to our dedicated page for Udemy news (Ticker: $UDMY), a resource for investors and traders seeking the latest updates and insights on Udemy stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Udemy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Udemy's position in the market.

News
Rhea-AI Summary

Udemy, the leading online skills marketplace, reported a 24% revenue growth year-over-year with more than 16,000 enterprise customers globally. The company also expanded its share repurchase program to $150 million. Despite a decrease in net loss and strong revenue growth, the consumer segment revenue declined by 2% year-over-year. Udemy's Board of Directors authorized an additional $50 million for the share repurchase program, emphasizing the company's commitment to growth and shareholder returns.

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Udemy's Q1 2024 Global Workplace Learning Index reveals the growing demand for sustainability, ESG, and supply chain skills, alongside AI, cybersecurity, language acquisition, and tech certifications. CFOs face challenges in adapting to changing ESG regulations, driving the need for skills development. GenAI and cybersecurity skills are in high demand, with a focus on practical applications. Language skills like TOEIC Test and Spanish acquisition remain essential, while IT certifications, especially for Amazon AWS and Microsoft Azure, continue to be sought after globally.
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Udemy has been named to TIME's inaugural list of the World's Top EdTech Companies in 2024, ranking no. 78. The company's focus on providing innovative educational technologies and services has been recognized for its impact on learners worldwide. Udemy's robust learning marketplace offers personalized and immersive learning experiences for individuals and organizations, contributing to the development of essential skills in today's competitive landscape.
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Udemy (UDMY) will report its first quarter 2024 financial results on May 2, 2024, followed by a live conference call and webcast to discuss the results. Investors can access the webcast and conference call details on Udemy's Investor Relations website.
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Udemy, a leading online skills marketplace, released a research report on the GenAI transformation, highlighting the importance of effective leadership in driving success. The study revealed that while most employees recognize the significance of leadership in GenAI initiatives, only 55% are confident in their management teams' ability to navigate this transformative shift.
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CNCF partners with Udemy to enhance cloud native developer skills through endorsed content and certification exam preparation, benefiting millions of developers globally.
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Udemy (UDMY) to showcase Intelligent Skills Platform and generative AI roadmap in virtual event with Chief Product Officer Prasad Raje. Register for live event on April 3.
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Udemy (UDMY) launches GenAI Skills Pack to help organizations globally develop in-demand generative AI skills. The pack includes curated content and learning paths for various roles in technical and business fields. Udemy collaborated with customers to create the pack, offering courses in AI, machine learning, finance, HR, marketing, sales, data science, software engineering, and leadership. The platform also provides localization in multiple languages to cater to international customers.
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Udemy (UDMY) will be participating in two investor conferences in March, Morgan Stanley’s TMT Conference on March 4 and Jefferies’ Virtual Online Education/e-Learning Summit on March 11. The company will webcast fireside chat sessions during these events, providing investors with insights into Udemy's leadership and future plans.
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Udemy's Q4 2023 Global Workplace Learning Index highlights the growing demand for technical and business skills, with a focus on gen AI, cybersecurity, and soft skills like active listening and work-life balance. The report showcases surging interest in chatbot development, LangChain, and certifications like TOGAF and AWS, emphasizing the need for upskilling in a fast-evolving work environment.
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Udemy, Inc.

Nasdaq:UDMY

UDMY Rankings

UDMY Stock Data

1.52B
106.55M
6.07%
82.35%
2.86%
Elementary and Secondary Schools
Educational Services
Link
United States of America
SAN FRANCISCO

About UDMY

udemy is a global marketplace for learning and teaching online where more than 24 million students learn from an extensive library of 80,000 courses taught by expert instructors in over 50 different languages. whether learning for professional development or personal enrichment, students can master new skills through self-paced, on-demand courses, while instructors have a way to share their knowledge with the world. for companies, udemy for business offers subscription access to a collection of business-relevant courses as well as a simple platform to host and distribute their own content in one central place. udemy is privately owned and headquartered in san francisco with offices in dublin, ireland, ankara, turkey, and são paulo, brazil.