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Udemy Inc   (UDMY)
Other Ticker:  
 
    Sector  Services    Industry Educational Services
   Industry Educational Services
   Sector  Services
 
Price: $10.9800 $0.03 0.274%
Day's High: $11.12 Week Perf: -0.81 %
Day's Low: $ 10.83 30 Day Perf: -21.63 %
Volume (M): 1,307 52 Wk High: $ 16.01
Volume (M$): $ 14,350 52 Wk Avg: $11.12
Open: $10.83 52 Wk Low: $8.17



 Market Capitalization (Millions $) 1,659
 Shares Outstanding (Millions) 151
 Employees 500
 Revenues (TTM) (Millions $) 728
 Net Income (TTM) (Millions $) -107
 Cash Flow (TTM) (Millions $) -8
 Capital Exp. (TTM) (Millions $) 13

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   -5.02%    
FC        0.26% 
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Udemy Inc

Udemy Inc. Sees Record Revenue Growth of 15.012% in Q4 2023

Udemy Inc, a leading online learning platform, has experienced a significant drop in its stock price in February 2024. With a decrease of -23.64% so far this month, the share price has fallen by -23.74% during the first quarter of 2024. Additionally, the stock currently only trades 30.1% above its 52-week low.
This concerning development comes after the company's financial results for the October to December 31, 2023, period were released. In this interval, Udemy Inc reported a loss of $-0.12 per share, compared to a loss of $-0.21 per share in the same period the previous year. The company's loss per share also grew from $-0.11 in the preceding quarter. However, it's important to note that the revenue for this quarter rose significantly by 15.012%, reaching $190.15 million compared to $165.33 million in the same quarter a year ago. Sequentially, the revenue grew by 3.085% from $184.46 million.

Shares

Udemy Boosts Stock Performance with $100 Million Share Repurchase Program

Published Wed, Feb 14 2024 9:05 PM UTC

Udemy Announces $100 Million Share Repurchase Program to Boost Stock Performance
Udemy Inc. recently announced a new share repurchase program authorizing the purchase of up to $100 million of company stock. This strategic move aims to enhance shareholder value and strengthen the company's financial position.
As of the writing of this article, Udemy Inc.'s share price...

Product Service News

Embarking On An AI Odyssey: Udemy's Bold Move to Reinvent Education Through Tailored Learning and Accelerated Skill Development.

Published Thu, Feb 1 2024 12:55 PM UTC

Promising a daring leap into the future of education, Udemy, an esteemed provider of online courses, unveiled an ambitious roadmap leveraging Generative AI to personalize and accelerate skills development. This innovative move will both transform the edtech sector and redefine the concept of personalized learning.Udemy's push focuses on an array of Generative AI-enabled serv...

Partnership

ServiceNow Amplifies User Experience by Integrating Udemy Power Skills Courses into Its Learning Platform.

Published Tue, Jan 30 2024 2:00 PM UTC

Udemy's Power Skills courses cover a broad spectrum of key skills aimed at future proofing individuals and workforces. These include leadership, collaboration, problem-solving, emotional intelligence, adaptability, productivity, resilience, and creativity among others. Now Learning, which provides an interactive and intuitive platform for learning, enables professionals to d...

Product Service News

Empowering the Cloud Workforce: Udemy and Google Cloud Collaborate to Meet Global Demand

Published Thu, Nov 16 2023 2:01 PM UTC

Udemy and Google Cloud Join Forces to Cater to the Surging Demand for Cloud Computing Professionals
In a groundbreaking collaboration, Udemy, the leading global marketplace for learning and teaching online courses, has been chosen as the inaugural member of Google Cloud's Cloud Endorsed Content Program. This partnership aims to address the ever-increasing demand for skil...






 

Udemy Inc's Segments
 
 
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  Revenue Outlook
Udemy Inc does not provide revenue guidance.

Earnings Outlook
Udemy Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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