From NASDAQ: 2024-11-07 07:30:00

The growth of broadband has made online education accessible and affordable, with AI features enhancing learning platforms. Udemy offers over 250,000 courses for individuals and corporations, driving growth and profitability through its Enterprise segment. Coursera is focused on AI skills training and certification, with strong consumer demand and new professional certificates available.

Udemy reported strong Q3 earnings, beating analyst estimates with revenue growth and improved gross margin. The Enterprise segment saw substantial growth, while the Consumer segment declined. Coursera’s revenue increased across its segments, with the Consumer segment driving the majority of revenue growth. New professional certificates and GenAI certificates have been added to its offerings.

Coursera CEO highlighted the company’s progress in Q3, welcoming new partners and launching industry micro-credentials. Both Udemy and Coursera are positioned for growth in the online education market, catering to individual learners and corporate training needs. The consensus analyst price targets for both companies indicate potential upside for investors.



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