Udemy Q2 Adj EPS $(0.01) Beats $(0.07) Estimate, Sales $178.24M Beat $173.16M Estimate
Portfolio Pulse from mahesh@benzinga.com
Udemy reported Q2 adjusted EPS of $(0.01), beating the estimate of $(0.07) by 85.71%. The company's quarterly sales were $178.24M, surpassing the estimate of $173.16M by 2.93%. This represents a 90% increase in EPS and a 16.41% increase in sales compared to the same period last year.
August 04, 2023 | 2:21 pm
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POSITIVE IMPACT
Udemy's Q2 results exceeded estimates, with a significant increase in EPS and sales compared to the same period last year. This could potentially boost investor confidence.
Udemy's better-than-expected Q2 results, including a significant increase in EPS and sales compared to last year, could potentially boost the stock price in the short term as it may increase investor confidence in the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100