Udemy Q3 EPS 2023 Adj $0.05 Beats $(0.02) Estimate, Sales $184.72M Beat $178.28M Estimate
Portfolio Pulse from vinayak@benzinga.com
Udemy reported Q3 2023 earnings of $0.05 per share, beating the analyst consensus estimate of $(0.02) by 350 percent. This is a 133.33 percent increase over losses of $(0.15) per share from the same period last year. The company also reported quarterly sales of $184.72 million, beating the analyst consensus estimate of $178.28 million by 3.61 percent, a 16.59 percent increase over sales of $158.43 million the same period last year.

November 02, 2023 | 8:19 pm
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POSITIVE IMPACT
Udemy's Q3 2023 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Udemy's Q3 2023 earnings and sales exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant increase in earnings and sales YoY further strengthens this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100