Coursera Continues To Expect FY24 Revenue Of $695M - $705M, Est $699.746M
Portfolio Pulse from Benzinga Newsdesk
Coursera continues to expect FY24 revenue in the range of $695M to $705M, aligning with the estimated $699.746M.
July 25, 2024 | 9:14 pm
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Coursera has reaffirmed its FY24 revenue guidance of $695M to $705M, which is in line with market estimates of $699.746M. This consistency in revenue expectations suggests stability and predictability in the company's financial performance.
Coursera's reaffirmation of its revenue guidance within the expected range indicates a stable outlook for the company. This alignment with market estimates is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100