Udemy Q3 2024 Adj. EPS $0.07 Beats $0.01 Estimate, Sales $195.417M Beat $192.665M Estimate
Portfolio Pulse from Benzinga Newsdesk
Udemy reported Q3 2024 earnings of $0.07 per share, significantly surpassing the analyst estimate of $0.01. The company's sales were $195.417 million, exceeding the expected $192.665 million and marking a 5.79% increase from the previous year.
October 29, 2024 | 8:14 pm
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Udemy's Q3 2024 earnings per share of $0.07 beat expectations by 600%, and sales of $195.417 million exceeded estimates, showing a 5.79% year-over-year increase.
Udemy's earnings and sales both exceeded analyst expectations, with a significant EPS beat of 600%. The positive financial performance and year-over-year sales growth suggest a favorable short-term impact on the stock price.
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