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.
Udemy, Inc. (NASDAQ: UDMY) is frequently described in its own news releases as a global, AI-powered skills acceleration platform. The Udemy news stream highlights how the company works with enterprises and individuals to build technical, business, and soft skills that are relevant to careers in a rapidly evolving workplace. News coverage often focuses on Udemy’s AI capabilities, enterprise partnerships, and platform innovations.
Investors and readers following Udemy news can expect regular updates on financial results, including quarterly earnings announcements and related metrics for its Enterprise and Consumer offerings. The company issues press releases about its financial performance and provides supplemental materials through its "Quarterly Results" section, which are also referenced in Form 8-K filings.
Udemy’s news also features strategic partnerships and ecosystem expansion. Recent releases describe collaborations with organizations such as LG CNS in Korea and HSM in Brazil, as well as partnerships with Workera and regional partners in Japan, Chile, and South Africa. These announcements illustrate how Udemy extends its AI-powered learning solutions into new markets and integrates skills intelligence with learning.
Another major theme in Udemy’s news is product and platform innovation. The company has announced AI-powered microlearning, AI Role Play, and instructor-focused offerings introduced at its semiannual Front Row event. These stories explain how Udemy is evolving its platform to support continuous, short-form, and community-driven learning experiences while keeping instructors central to course creation.
In addition, Udemy’s news feed includes updates on its pending business combination with Coursera, described in joint press releases and mirrored in SEC filings. Readers can use the news page to track developments related to this proposed all-stock transaction and other corporate actions disclosed by the company.
Udemy (Nasdaq: UDMY) announced a live webcast of a fireside chat featuring Incoming CEO Greg Brown and CFO Sarah Blanchard on March 7, 2023, at 12:15 p.m. PT / 3:15 p.m. ET. This session will be part of Morgan Stanley’s Technology, Media & Telecom Conference and will focus on Udemy’s growth in online learning. Investors can access the live stream through the ‘Events & Presentations’ section on Udemy's investor relations website. The archived replay will be available for about 90 days. Udemy, headquartered in San Francisco, provides flexible learning solutions with a marketplace for skill development, hosting thousands of courses in various subjects.
Udemy reported a 22% increase in total revenue year-over-year for Q4 2022, reaching $165.3 million, and for the full year at $629.1 million. The Udemy Business segment saw a remarkable 57% growth to $90.6 million, while the Consumer segment experienced a 4% decline to $74.7 million. The company intends to reduce its workforce by 10%, incurring one-time severance costs of $8 to $9 million, but anticipates annualized savings of $30 to $32 million. Udemy aims for adjusted EBITDA profitability in the second half of 2023.
Udemy (Nasdaq: UDMY) has announced that it will report its fourth quarter and full year 2022 financial results on February 14, 2023, after the market closes. A live conference call is scheduled for the same day at 2 p.m. PT / 5 p.m. ET to discuss these results. Investors can access the live call via telephone or through a webcast on Udemy's Investor Relations website. The archived replay will be available for approximately one year. This event is crucial for stakeholders seeking insights into Udemy's financial performance and strategic direction.
Udemy (Nasdaq: UDMY) has been recognized on Built In's Best Places to Work list, earning seven awards at national and regional levels. These accolades include recognition as a Best Large Place to Work in the U.S., Austin, Colorado, and San Francisco. Karen Fascenda, Chief People Officer, noted that 93% of employees are proud to work for Udemy. The awards highlight Udemy's commitment to a supportive company culture, competitive compensation, and benefits.
Udemy (Nasdaq: UDMY) announces the retirement of CEO and Chairman Gregg Coccari effective February 28, 2023. Greg Brown, previously President of Udemy Business, will take over as CEO and join the Board of Directors. Jeff Lieberman will serve as Interim Chair. The transition aims to strengthen corporate governance by separating the Chair and CEO roles. The company projects Q4 2022 revenue between $164 to $167 million, with an adjusted EBITDA margin exceeding previous guidance, emphasizing efficient expense management.
Udemy announced the appointment of Karen Fascenda as Chief People Officer and Nathan Blain as General Manager of Cohort Learning. These new leaders bring over 60 years of experience to Udemy, which is focusing on enhancing its workplace culture and driving corporate learning strategies. Fascenda will lead employee engagement and talent retention efforts, while Blain will oversee the cohort learning division, promoting leadership development for corporate clients. Their appointments come at a critical growth phase for Udemy as it addresses skills gaps and expands its learning offerings.
Udemy (Nasdaq: UDMY) announced a virtual fireside chat with CFO Sarah Blanchard and President Greg Brown at the 25th Annual Needham Growth Conference. The event is scheduled for January 12, 2023, at 7:15 a.m. PT / 10:15 a.m. ET. Investors can access the live webcast through the 'Events & Presentations' section on Udemy's investor relations website, with an archived replay available for 90 days. Udemy aims to improve lives through learning, offering a platform for flexible skill development and a broad range of courses from real-world experts.
Udemy (Nasdaq: UDMY) announced significant expansion in Latin America, securing new partnerships to enhance skill development. With access to 19,000 courses across 14 languages, Udemy Business addresses corporate learning needs, currently serving 4.4 million learners in Brazil and millions more across the region. Partnerships with notable organizations like HSM and CognosOnline aim to provide tailored e-learning solutions to various sectors, fostering a culture of continuous learning.
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The Texas State Library and Archives Commission (TSLAC) has partnered with Gale to offer access to Gale Presents: Udemy via public libraries across Texas. This initiative aims to support workforce development by providing library cardholders with on-demand access to over 19,000 video courses in various fields such as business and technology. Nearly half of these courses are taught by experts in multiple languages, catering to diverse learners. The collaboration aligns with a recent $3.5 million grant from the Texas Workforce Commission to enhance job training and reduce unemployment.