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. (symbol: COUR) is a leading education-focused technology company that revolutionizes the way individuals access university-level education. Founded in 2012 by Stanford Professors Daphne Koller and Andrew Ng, Coursera's mission is to connect millions of learners around the world with the skills and knowledge they need to transform their lives and careers. Headquartered in Mountain View, California, Coursera has garnered support from top venture firms like Kleiner Perkins Caufield & Byers, New Enterprise Associates, GSV Capital, International Finance Corporation, Laureate Education Inc, and Learn Capital.
The company operates a robust online learning platform that merges content, data, and technology, providing a customizable and extensible learning experience. Coursera's platform offers three main segments: Consumer, Enterprise, and Degrees. The Consumer segment caters to individual learners seeking hands-on learning opportunities, valuable job skills, and professional certifications. This segment is the primary revenue generator for the company.
The Enterprise segment serves organizations and enterprises that aim to upskill their workforce, while the Degrees segment partners with top universities to offer accredited online degree programs. Coursera's extensive catalog includes courses from elite institutions and is designed to meet the educational needs of learners at different stages of their careers.
Recently, Coursera has achieved significant milestones, including expanding its partnerships with leading universities and enterprises, enhancing its platform with advanced features like AI-driven personalized learning paths, and launching new courses in emerging fields. The company's financial condition remains robust, supported by consistent revenue growth and strategic investments.
Coursera's impact is far-reaching, providing affordable, accessible, and relevant educational content to learners globally. The platform empowers individuals to achieve their professional goals and helps organizations to build the skills needed for success in the 21st century.
Coursera (NYSE: COUR) will participate in two investor conferences in March 2022. The first is the Raymond James 43rd Annual Institutional Investors Conference on March 7, featuring CFO Ken Hahn at 11:15 a.m. PT. The second is the Morgan Stanley Technology, Media & Telecom Conference on March 10, with CEO Jeff Maggioncalda speaking at 9:45 a.m. PT. Live webcasts and replays will be available on Coursera’s Investor Relations website. The company aims to provide universal access to quality learning with over 97 million registered learners.
Coursera (NYSE: COUR) reported a 41% increase in full-year revenue to $415 million for 2021, alongside a 70% growth in enterprise revenue, now at $120 million. Q4 2021 revenue reached $115 million, a 38% rise year-over-year. The company saw a net loss of $(145.2 million), compared to $(66.8 million) the previous year. Despite the losses, net cash from operations shifted to a positive $1.7 million. The outlook for 2022 anticipates 30% revenue growth, signaling ongoing demand for its online learning platform.
Coursera (NYSE: COUR) will announce its financial results for Q4 and full year ending
Coursera (NYSE: COUR) will engage in two investor conferences in December 2021. The first is the Raymond James Virtual Technology Investors Conference on December 6, featuring CEO Jeff Maggioncalda and CFO Ken Hahn at 10:20 a.m. PT. The second is the UBS Global TMT Virtual Conference on December 8, where CFO Ken Hahn will speak at 11:00 a.m. PT. Both events will be accessible via live webcast on Coursera’s Investor Relations website, ensuring compliance with Regulation FD disclosure requirements.
Coursera (NYSE: COUR) announces participation by CFO Ken Hahn in two upcoming investor conferences. The first is the 2021 RBC Capital Markets Global Technology, Internet, Media, and Telecommunications Conference on
Coursera (NYSE: COUR) has launched LevelSets, a new assessment tool to gauge proficiency in vital technology and data skills, including data analysis and machine learning. Available on its enterprise platform, LevelSets features over 20 assessments created with machine learning, enabling learners to complete evaluations in under 15 minutes. Initial data show early adopters like Fidelity and Pfizer report 3x increased enrollment in recommended courses and a 66% boost in completion rates post-assessment. LevelSets aims to streamline the learning journey and enhance skill development for learners.
Coursera (NYSE: COUR) reported a 33% year-over-year revenue growth for Q3 2021, totaling $109.9 million. Gross profit increased by 55% to $67.7 million, reflecting a gross margin of 61.6%. While the net loss widened to $(32.5) million, non-GAAP net loss was $(8.0) million. The company achieved a 75% growth in Enterprise revenue, driven by expanding customer relationships, and added 5.5 million new registered learners, reaching 92 million total learners. The full-year revenue outlook anticipates 40% growth.
Coursera (NYSE: COUR) is set to announce its financial results for Q3 2021 on November 2, 2021, following the U.S. market close. The announcement will include a press release and financial statements, followed by a conference call at 2:00 PM PT (5:00 PM ET). Investors can access the live webcast through the company’s Investor Relations website. Coursera, founded in 2012, boasts 87 million registered learners as of June 30, 2021 and partners with over 200 institutions.
The Women and Skills Report by Coursera analyzes the pandemic's impact on women's learning trends, revealing a rise in online education participation. Women comprised 52% of new learners in 2021, up from 47% in 2019. Despite higher unemployment rates, women are increasingly enrolling in STEM and entry-level Professional Certificate programs. The report highlights that women learners show a balanced investment in both human and digital skills. Coursera's initiatives contributed to this growth, indicating a shift towards skill development amid challenging labor market conditions.
Coursera (NYSE: COUR) has secured 54 new enterprise customers in EMEA, achieving a 44.3% year-over-year growth in enterprise enrollment. Over 130 companies have expanded their learning programs, reflecting a strong demand for skills development as highlighted in PwC's 2021 Global CEO Survey. New offerings like Academies and SkillSets are enhancing the learning experience, targeting critical skills in technology and data science. Partnerships with firms like Lycamobile and Checkatrade indicate a commitment to upskilling amid increasing digital demands.
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