Udemy, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
February 15, 2024 at 02:36 am IST
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Udemy, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 728.94 million compared to USD 629.1 million a year ago. Net loss was USD 107.29 million compared to USD 153.88 million a year ago.
Basic loss per share from continuing operations was USD 0.71 compared to USD 1.09 a year ago.
Udemy, Inc. is a global learning company. The Companyâs online platform enables organizations and individuals with skill acquisition, development, and validation. Its learning marketplace enables instructors to develop, distribute and enhance content. It leverages technology, including artificial intelligence (AI), as well as data and insights, to deliver personalized learning experiences. Its segments include Enterprise and Consumer. The Enterprise segment is focused on helping business and government customers upskill and reskill their employees and public servants. The Consumer segment targets individual learners seeking to obtain hands-on learning, gain valuable job skills to advance their professional careers, or learn a new personal skill. Its platform provides individual learners and organizations all over the world with access to relevant content created by instructors across technology, business and soft skills, and personal development topics.