Udemy, Inc. Stock Price, News & Analysis

Udemy (UDMY) reported its Q4 and full-year 2024 results, showing strong performance with total revenue increasing 8% year-over-year to $786.6 million. The Enterprise segment grew 18% to $494.5 million, while Consumer segment revenue declined 5% to $292.1 million.

Key highlights include: Adjusted EBITDA reached $43.0 million (451% growth), completion of a $150 million share repurchase program, and acquisition of 8 million new learners. The company ended 2024 with 17,096 Enterprise customers and 77 million total learners.

For 2025 guidance, Udemy expects revenue between $787-803 million and Adjusted EBITDA of $75-85 million. The company notes 2025 will be a transition year as they execute their strategic pivot to focus on upmarket enterprise customers.

Udemy (UDMY) has announced it will release its fourth quarter and full year 2024 financial results after market close on Thursday, February 13, 2025. The company will host a conference call and webcast to discuss the results at 2 p.m. PT / 5 p.m. ET on the same day.

Investors can access the earnings materials and live webcast through Udemy's Investor Relations website at investors.udemy.com in the 'Quarterly Results' section. The conference call can be accessed toll-free at (833) 630-1963 domestically and (412) 317-5702 internationally. A recorded replay of the webcast will remain available for approximately one year.

Udemy (UDMY), the online skills marketplace and learning platform, has announced its participation in Needham's 27th Annual Growth Conference. CEO Greg Brown and CFO Sarah Blanchard will engage in a fireside chat session scheduled for January 16, 2025, at 7:15 a.m. PT / 10:15 a.m. ET.

Investors and interested parties can access the live webcast through the 'Events & Presentations' section of Udemy's investor relations website. The recorded session will remain available for approximately 90 days after the event.

Udemy (UDMY) has appointed two new members to its Board of Directors: Marylou Maco, current Chief Revenue and Customer Experience Officer at Avaya, and Debra Chrapaty, Chief Technology Officer at Toast. Maco brings over 30 years of experience in revenue growth and market expansion, while Chrapaty contributes 20 years of technology leadership expertise, particularly in AI innovation.

Chrapaty's background includes leadership roles at Amazon Alexa, Wells Fargo, and Declara, where she focused on AI, machine learning, and technology transformation. Maco's experience spans executive positions at Avaya, Genesys, and Cisco, where she led a significant global transformation of a $6 billion portfolio.

Udemy has released its 2025 Global Learning & Skills Trends Report, analyzing data from nearly 17,000 enterprise customers. The report highlights three key investment areas: practical GenAI applications, with learning growth of 859% year-over-year; soft skills development alongside AI competencies; and leadership readiness for AI transformation. GenAI courses have attracted over 4 million enrollments, with specific technologies like LangChain seeing massive growth (3,949%). While 90% of employees believe leadership is important for GenAI initiatives, only 48% think leaders are prepared to lead these changes. Companies are investing in problem-solving (103% growth), team building (79%), and business communication (41%) to complement AI implementation.

Udemy announced winners of its first global Learning Excellence Awards, recognizing organizations for outstanding learning and development programs. Winners were revealed at FWD NYC event across four categories: Leveraging Technology and AI (Capgemini), Metrics That Matter (Integrant), Leading with Learning Science (dunnhumby), and Integrated Systems Learning (Booz Allen Hamilton). DXC Technology received the overall Learning Excellence Award for its strategic learning platform implementation, achieving 100,000+ employees completing courses and ~50,000 certifications. Prodapt earned Distinguished Achievement with 92% platform utilization and 91% employee course completion rate.

Udemy (UDMY) reported Q3 2024 results with revenue increasing 6% year-over-year to $195.4 million. The Enterprise segment grew 16% to $126.1 million, while Consumer segment declined 8% to $69.3 million. The company achieved a significant milestone surpassing $500 million in Udemy Business Annual Recurring Revenue.

Notable improvements in profitability metrics include a Non-GAAP Net Income of $10.1 million (31% increase) and Adjusted EBITDA of $11.6 million (41% increase). Gross margin expanded by 500 basis points to 63%. The company repurchased 6.3 million shares for approximately $51 million during Q3 and raised its full-year 2024 outlook.

Udemy has released its Q3 2024 Global Workplace Learning Index, revealing key trends in professional skills development. The report shows significant growth in several areas: Personal Productivity increased 17%, Time Management rose 12%, and Marketing Strategy saw a 26% increase. Linux Administration emerged as the fastest-growing technical skill with a 36% surge, while Generative AI skills continued strong growth at 26%.

The index highlights sector-specific trends, with Professional Services focusing on project management and automation, Consulting Services adopting enterprise technology, and Financial Services investing in soft skills development. The data is derived from thousands of Udemy Business customers worldwide, comparing course consumption between Q2 and Q3 2024.

Udemy (Nasdaq: UDMY) has unveiled a new suite of AI capabilities to enhance its Intelligent Skills Platform, aiming to create more dynamic and personalized learning programs at scale. The key features include:

1. Udemy AI Assistant: A natural-language chat interface helping learners discover relevant content and receive real-time guidance.

2. Skills Mapping and AI-powered learning paths: Tools designed to identify critical skills, create skills frameworks, and match top-rated courses to organizational goals.

These features are designed to accelerate the transition to a skills-based approach, addressing the growing talent gap and the rapidly evolving technical skills landscape. The Udemy AI Assistant is included in the Udemy Business Enterprise Plan at no additional cost, while Skills Mapping and AI-powered learning paths are available during an extended beta period.