Udemy Sees FY24 Revenue $795M-$810M Vs $828.588M Est.
Portfolio Pulse from Benzinga Newsdesk
Udemy projects its FY24 revenue to be between $795M and $810M, which is below the estimated $828.588M.
February 14, 2024 | 9:44 pm
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Udemy's projected FY24 revenue is below market expectations, indicating potential challenges ahead.
Udemy's revenue forecast being lower than the market estimate suggests that the company might face challenges in achieving growth or maintaining its market position, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100