Coursera Expects Q3 Revenue Of $171M - $175M (Est $178.84M)
Portfolio Pulse from Benzinga Newsdesk
Coursera has announced its expected Q3 revenue to be between $171 million and $175 million, which is below the estimated $178.84 million.
July 25, 2024 | 9:12 pm
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NEGATIVE IMPACT
Coursera's expected Q3 revenue of $171M-$175M is below the estimated $178.84M, which may lead to a negative market reaction.
The revenue forecast falling short of estimates typically signals potential underperformance, which can lead to a negative reaction from investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100