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Udemy Inc   (UDMY)
Other Ticker:  
 
    Sector  Services    Industry Educational Services
   Industry Educational Services
   Sector  Services
 
Price: $10.7900 $-0.27 -2.397%
Day's High: $11.05 Week Perf: -22.76 %
Day's Low: $ 10.68 30 Day Perf: -19.96 %
Volume (M): 2,019 52 Wk High: $ 16.01
Volume (M$): $ 21,780 52 Wk Avg: $11.01
Open: $10.87 52 Wk Low: $8.17



 Market Capitalization (Millions $) 1,633
 Shares Outstanding (Millions) 151
 Employees 500
 Revenues (TTM) (Millions $) 704
 Net Income (TTM) (Millions $) -139
 Cash Flow (TTM) (Millions $) -100
 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
   UDMY is expected to report next financial results on February 26, 2024.


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
COUR   -2.94%    
FC   -0.49%    
SKIL   -0.33%    
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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

UDMY Soars to New Heights: Unstoppable Growth from July to September 2023



Udemy Inc, a prominent player in the Educational Services sector, has recently released its financial results for the interval of July to September 30, 2023. The report showcases significant improvements across various key metrics, including earnings per share (EPS) and revenue growth. Understanding the implications of these positive trends will provide valuable insights into the company's future prospects.
1. Reduced Losses and Improved EPS:
Compared to the same reporting period last year, Udemy Inc has made substantial progress in minimizing losses. The company's loss per share decreased to $-0.11 from $-0.33, indicating a remarkable recovery. Moreover, EPS also experienced a positive upturn, rising from $-0.17 in the previous reporting period to $-0.11. These figures reflect the company's efforts to enhance operational efficiency and hold significant promise for the future.






 

Udemy Inc's Segments
 
 
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