Welcome to our dedicated page for Coursera news (Ticker: COUR), a resource for investors and traders seeking the latest updates and insights on Coursera stock.
Coursera Inc (COUR) delivers transformative online learning solutions through partnerships with top universities and organizations worldwide. This news hub provides investors and industry observers with centralized access to official updates shaping the edtech landscape.
Find timely updates on Coursera's strategic initiatives, including new degree program launches, enterprise partnership expansions, and platform innovations. Our curated collection features earnings announcements, leadership updates, and regulatory filings essential for understanding the company's market trajectory.
Key updates include quarterly financial results, content partnership developments with institutions like Yale and Google, workforce training initiatives for global enterprises, and technological advancements in course delivery. Track how Coursera addresses evolving demands for accessible education and corporate upskilling solutions.
For stakeholders monitoring the competitive edtech sector, this resource consolidates critical information on Coursera's growth strategies, certification program developments, and international expansion efforts. Bookmark this page to stay informed about COUR's progress in democratizing education through technology-driven solutions.
Coursera (NYSE: COUR) announced that
CompTIA has partnered with Coursera to enhance technology training for global learners. This collaboration aims to deliver specialized online courses for CompTIA A+, Network+, and Security+ certifications, launching in early 2023. With over 100 million learners worldwide and partnerships with industry leaders like Google and IBM, Coursera continues to expand its educational offerings. This initiative is set to boost career opportunities by providing foundational skills necessary for in-demand IT jobs.
Coursera (NYSE: COUR) reported a 24% year-over-year revenue increase, reaching $136.4 million for Q3 2022, driven by a 51% surge in enterprise revenue. Gross profit rose 29% to $87.6 million, and gross margin improved to 64.2%. However, net loss grew to $(36.0) million and adjusted EBITDA was $(4.9) million. The company added 6 million registered learners, totaling 113 million. Looking ahead, Coursera expects Q4 2022 revenue between $135.5 and $139.5 million. Despite strong growth in consumer and enterprise segments, declines in degree revenue raise concerns.
Coursera (NYSE: COUR) will release its third-quarter financial results on
Coursera (NYSE: COUR) has expanded its Clips offering, now providing employees access to nearly 200,000 short videos aimed at developing high-demand skills in under 10 minutes. The number of leadership-focused clips has increased by 10x to meet the demand for leadership training, which only 5% of companies currently provide. According to Coursera, 36% of users engage in further learning after using Clips, indicating a growing trend toward microlearning. Key industry players like Google have adopted Clips to enhance workforce skills development.
Coursera (NYSE: COUR) announced management participation in two key investor conferences in September 2022. The first is the Citi 2022 Global Technology Conference on
Skillsoft (NYSE: SKIL) has announced a new integration with Coursera (NYSE: COUR) for Business, allowing joint customers to access Coursera's extensive library of over 5,000 courses and more than 10,000 bite-sized Clips directly through Skillsoft Percipio. This partnership aims to simplify learning for enterprises and enhance skilling experiences. According to recent research, 83% of decision-makers prioritize training and development but struggle to find comprehensive programs. The collaboration seeks to address these challenges while bolstering workforce development.
Coursera (NYSE: COUR) announced that CFO Ken Hahn will participate in a fireside chat at the KeyBanc Capital Markets Technology Leadership Forum on August 8, 2022, at 2:30 p.m. MT / 4:30 p.m. ET. The event will be available via a live webcast and on Coursera's Investor Relations website.
As of June 30, 2022, Coursera boasts over 107 million registered learners and partners with more than 275 universities and industry leaders to offer diverse educational content. The company aims to provide universal access to quality learning.
Coursera (NYSE: COUR) reported strong financial results for Q2 2022, with total revenue reaching $124.8 million, a 22% increase year-over-year. Enterprise revenue surged 55% to $43.7 million, driven by increasing demand from businesses and governments. Gross profit improved to $78.4 million, or 62.8% of revenue. However, the net loss widened to $(49.3) million, reflecting a (39.5)% margin. Despite this, operating cash flow turned positive at $0.9 million. The company added 5 million new registered learners, totaling 107 million.
Coursera (NYSE: COUR) will announce its Q2 2022 financial results on July 27, 2022, after U.S. market close. The results will be shared in a press release, followed by an earnings conference call at 2:00 p.m. PT. Investors can access the live webcast on the company's Investor Relations website. Coursera aims to provide universal access to high-quality education, partnering with over 250 institutions, and having 102 million registered learners as of March 31, 2022.
