Streetbeat News

COUR

Coursera, Inc.

https://www.coursera.org

Industry

Education & Training Services

Coursera, Inc. operates an online educational content platform that connects learners, educators, organizations, and institutions. It offers online courses that include data science, business, computer science, information technology, health, social sciences, logic, project management, and digital marketing services; campus student plans; degree courses; and certification education. Coursera, Inc. was formerly known as Dkandu, Inc. and changed its name to Coursera, Inc. in April 2012. The company was incorporated in 2011 and is headquartered in Mountain View, California.

Open

7.16

Mkt cap

1.1B

Volume

1.8M

High

7.18

P/E Ratio

-14.44

52-wk high

21.26

Low

6.89

Div yield

N/A

52-wk low

6.29

Medifast reported mixed Q1 results, missing EPS estimates but beating sales expectations, leading to a 15.6% pre-market drop. Coursera, Chegg, ADC Therapeutics, Mesoblast, Coeur Mining, Prudential, Yum China, Sibanye Stillwater, and Rambus also saw pre-market declines due to various factors including disappointing financial results, leadership changes, and clinical trial updates.

Portfolio Pulse from Avi Kapoor

April 30, 2024 | 10:07 am

Coursera, Inc. (NYSE:COUR) reported Q1 earnings of 7 cents per share, beating estimates, but missed sales forecasts with $169.1 million versus the expected $170.433 million. The company's sales increased by 14.53% from the previous year. Coursera's CEO highlighted efforts in expanding AI course offerings and innovations like Coursera Coach. However, Coursera's Q2 and full-year 2024 revenue guidance fell below analyst expectations, leading to a 15.98% drop in shares after-hours.

Portfolio Pulse from Erica Kollmann

April 29, 2024 | 8:59 pm

Coursera's stock price declined following the announcement of mixed Q1 financial results and the issuance of Q2 and full-year 2024 revenue guidance that fell short of analysts' expectations.