Coursera Lowers FY2024 Sales Guidance from $695.00M-705.00M to $690.00M-694.00M.
Portfolio Pulse from Benzinga Newsdesk
Coursera has revised its FY2024 sales guidance downwards from $695-705 million to $690-694 million.
October 24, 2024 | 8:28 pm
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Coursera has lowered its FY2024 sales guidance, indicating potential challenges in meeting previous revenue expectations.
The downward revision in sales guidance suggests that Coursera may face challenges in achieving its previous revenue targets, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100