From Financial Modeling Prep: 2024-10-25 10:38:00

Coursera (NYSE:COUR) shares dropped 7% after issuing a Q4 revenue forecast below expectations, despite beating Q3 estimates with $0.10 EPS and $176.1 million revenue, up 6% YoY from the expected $173.98 million.

Q4 revenue guidance of $174-178 million fell short of the $186.6 million estimate, leading to concerns about slowing growth. Full-year 2024 revenue outlook was revised to $690-$694 million, below the consensus of $700 million.

Coursera raised its full-year 2024 adjusted EBITDA margin forecast by 170 basis points to 5.4%, providing a positive outlook amidst revenue concerns.



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