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 has appointed Stacey Zolt Hara as the new Senior Vice President of Corporate Communications, bringing over 20 years of experience. In her role, she will oversee Udemy's global communications, public relations, and social media strategies. Zolt Hara's previous experience includes leadership positions at Visa and Edelman. Udemy continues to expand its reach, with over 49 million learners globally and a corporate training arm supporting over 10,500 enterprise customers, including 49 of the Fortune 100. The addition of Zolt Hara is expected to enhance Udemy's corporate narrative during this critical growth phase.
Udemy reported a strong fourth quarter ending December 31, 2021, with revenue reaching $138 million, a 25% year-over-year increase. The company's Udemy Business segment saw a remarkable 81% surge in revenue, totaling $57.8 million, contributing to an annual recurring revenue (ARR) of $239 million. Despite a GAAP net loss of $38.9 million, the company noted growth in both consumer and business segments. Udemy expects continued growth driven by organizations focusing on digital transformation, with a compounded annual growth rate of over 100% in its business segment since 2015.
Udemy (Nasdaq: UDMY) will release its fourth quarter financial results for the period ended December 31, 2021, on February 9, 2022, after market close. A conference call and earnings webcast will be held at 5:00 p.m. EST / 2:00 p.m. PST the same day to discuss these results. Interested parties can access the call by registering online. An archived replay will also be available shortly after the live call concludes on the Udemy Investor Relations website.
Udemy is expanding its EMEA headquarters in Dublin, creating over 120 new jobs in 2022 to meet the growing demand from learners and enterprise customers. Founded in 2010, Udemy offers a marketplace with 46 million learners and 175,000 courses globally. The Dublin office, established in 2014, supports major customers and plans to grow its workforce from 200 to over 300 employees by year-end. This expansion will enhance Udemy's ability to deliver immersive learning experiences and support its ongoing go-to-market efforts following its recent IPO.
Udemy has been officially recognized as one of Ireland's Best Workplaces 2021, following an independent analysis by the Great Place to Work® Institute. The certification highlights Udemy's commitment to creating a high-trust and performance-driven environment. Vice President Bill O'Shea noted the significance of the Dublin office in their growth strategy amid a competitive talent market. This acknowledgement reflects Udemy's mission to connect individuals and organizations with essential skills and knowledge.
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Udemy (Nasdaq: UDMY) reported a strong Q3 2021 with revenue reaching $129.6 million, a 9% increase year over year. Udemy Business revenue surged 84% to $50.4 million, contributing to an annual recurring revenue (ARR) of $207 million. Although the consumer segment faced challenges, with revenue down 13% and average buyers declining 6%, the company added significant new clients. Adjusted EBITDA stood at $1.6 million, down from $8.1 million last year, while GAAP net loss was ($9.3 million).
Udemy has announced a partnership with MultiChoice to enhance online learning access for customers across Africa. This collaboration aims to provide thousands of quality courses to support personal and professional development. MultiChoice's platforms, including DStv and GOtv, will now offer educational content, reflecting a shared mission to enrich lives through accessible learning. Both companies emphasize the importance of investing in education as a key step towards empowering individuals on the continent, with the initiative expected to unlock new opportunities for learners.
Skillsoft (NYSE: SKIL) has announced a content partnership with Udemy Business (NASDAQ: UDMY), integrating Udemy's courses into Skillsoft’s Percipio platform. This aims to enhance enterprise learning by providing a unified space for advanced skill development. With 76% of IT decision-makers facing skills gaps and IDC forecasting that skill shortages will cost $6.5 trillion by 2025, the partnership addresses urgent workforce training needs. Skillsoft's acquisition of Global Knowledge in 2021 has further expanded its offerings, allowing organizations to customize learning paths.
Udemy (Nasdaq: UDMY) announced it will release its Q3 2021 financial results on December 8, 2021, after market close. The earnings call will begin at 5:00 p.m. EST (2:00 p.m. PST) and will be accessible via registration and live webcast. Investors can view archived replays after the live event on Udemy's Investor Relations website. The company aims to create new opportunities by connecting learners with necessary skills in various fields, including programming, data science, and leadership.
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