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Udemy Inc   (UDMY)
Other Ticker:  
 
    Sector  Services    Industry Educational Services
   Industry Educational Services
   Sector  Services
 
Price: $7.8600 $0.24 3.150%
Day's High: $8.055 Week Perf: 7.52 %
Day's Low: $ 7.55 30 Day Perf: -0.13 %
Volume (M): 598 52 Wk High: $ 16.01
Volume (M$): $ 4,703 52 Wk Avg: $10.51
Open: $7.59 52 Wk Low: $6.67



 Market Capitalization (Millions $) 1,202
 Shares Outstanding (Millions) 153
 Employees 512
 Revenues (TTM) (Millions $) 765
 Net Income (TTM) (Millions $) -87
 Cash Flow (TTM) (Millions $) -53
 Capital Exp. (TTM) (Millions $) 14

Udemy Inc
Udemy Inc. is an American online learning platform founded in 2010. It allows individuals and businesses to create and distribute educational courses online. As of 2021, the platform has over 40 million students and 155,000 courses.

Udemy Inc. provides a cloud-based system for instructors to create and upload their courses. The platform offers courses in a wide range of subjects and skills such as business, technology, personal development, and others. The platform is available in multiple languages and is accessible on mobile devices, laptops, and desktop computers.

One of the unique features of Udemy is the option for instructors to set their own prices for their courses. The platform permits free courses as well as paid courses, which may have different pricing options such as one-time payments, subscriptions or bundles. Instructors have the option to earn a percentage of each sale, with Udemy taking a percentage as well.

Students on Udemy can enroll and learn at their own pace, with lifetime access to all course materials. The platform has interactive features such as quizzes, exercises, and opportunities for students to engage with instructors and other students through forums, messaging, and question and answer sessions.

Udemy Inc. also partners with enterprise organizations and businesses to offer a corporate learning platform, Udemy for Business. This add-on feature enables organizations to provide customized training and development for their employees in a cost-effective manner.

In summary, Udemy Inc. is an e-learning platform that provides access to thousands of courses on a range of topics. It is an affordable way for individuals and businesses to learn and grow, and its user-friendly interface makes it accessible to learners worldwide.


   Company Address: 600 Harrison Street San Francisco 94107 CA
   Company Phone Number: 813-1710   Stock Exchange / Ticker: NASDAQ UDMY


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
COUR        1.2% 
FC        0.05% 
SKIL        2.77% 
• View Complete Report
   



Business Update

Udemy Earns Prestigious Accolades Amidst Financial Strain,

Published Tue, Sep 10 2024 3:47 PM UTC

'Udemy Praised for Learning Innovation Amidst Financial Challenges'San Francisco - In the realm of learning and digital innovation, Udemy (Nasdaq: UDMY), a preeminent name in the online skills marketplace, hath been honoured with the accolade of the highest distinction for Overall Learning Content Solution in the esteemed ISG Software Research's Buyers Guide for Learning Con...

Business Update

Gen Z Strengthens Workforce with a Strong Thirst for Professional Development and Innovative Learning ...

Published Tue, Aug 20 2024 4:47 PM UTC

SAN FRANCISCO ?? Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, has released a groundbreaking research report titled, 'Gen Z in the Workplace: Welcoming the Next Generation'. The report, which draws on responses from over 6,500 multi-generational learners, challenges conventional stereotypes and reveals the professional ambitions of Generati...

Business Update

Udemy Introduces New AI Course Amid Rising Demand for Generative AI and Sustainability Skills

Published Tue, Jul 30 2024 7:47 PM UTC

'SAN FRANCISCO??October 2023'??Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, has launched a new course aimed at equipping learners with critical skills in the burgeoning field of generative artificial intelligence (GenAI). The course, titled Ultimate AWS Certified AI Practitioner AIF-C01, is created by renowned Udemy instructor Stephane Maa...

Business Update

Udemy Partners with AWS to Provide Leaders with a Revolutionary AI Leadership Program

Published Thu, Jun 6 2024 3:38 PM UTC

Udemy and AWS Collaborate on Groundbreaking AI Leadership ProgramIn an exciting development in the field of artificial intelligence (AI), Udemy, the renowned online skills marketplace and learning platform, has announced the launch of a new program called Unlocking GenAI Opportunities with AWS. This groundbreaking program, developed in collaboration with Amazon Web Services ...

Udemy Inc

Udemy Inc. Sees Impressive Revenue Growth in First Quarter of 2024, But Profitability Remains Elusive2.

As an investor closely following the performance of Udemy Inc, the recent financial results of the company have piqued my interest. Although Udemy Inc's revenue saw a significant increase of 11.412% compared to the previous year, reaching $196.56 million in the financial period ending March 31, 2024, the company experienced a loss of $-0.12 per share. The revenue growth of Udemy Inc in the first quarter of 2024 is favorable when compared to the average 9.75% growth seen in the Educational Services sector during the same period.
In the previous financial reporting period, Udemy Inc's revenue surged by 3.374% from $190.15 million, showing a positive trajectory. Additionally, the company reported a net loss of $-18.339 million, which is a notable improvement from the previous year's deficit of $-44.544 million during the same financial reporting period.







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