Udemy Q3 EPS $(0.04), Inline, Sales $129.60M Beat $125.89M Estimate
Portfolio Pulse from Bill Haddad
Udemy reported its Q3 earnings with an EPS of $(0.04), which was in line with expectations. The company achieved sales of $129.60 million, surpassing the estimated $125.89 million.
December 08, 2021 | 9:07 pm
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Udemy's Q3 earnings report shows an EPS of $(0.04), meeting expectations, and sales of $129.60 million, exceeding the forecast of $125.89 million.
The inline EPS suggests stable performance, while the sales beat indicates stronger than expected revenue generation. This positive revenue surprise is likely to boost investor confidence and could lead to a short-term increase in Udemy's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100