Nerdy Inc.
NRDYNerdy Inc. (NRDY) is an online education platform that offers live, expert-led tutoring and instruction across a wide range of subjects. The company focuses on connecting students with qualified tutors through its digital marketplace, providing personalized learning experiences for K-12, college, and adult learners. Nerdy emphasizes accessible, real-time education solutions to support academic achievement and skill development.
Company News
Nerdy, an online learning platform company, reported its Q4 results, with sales and earnings beating estimates. However, investors were disappointed by the company's revenue decline, shrinking gross margin, and shrinking active user base. Nerdy's guidance for Q1 also pointed to a significant decline in sales and EBITDA.
YieldMaxâ„¢ ETFs announced distributions for various ETFs, including YMAX, YMAG, NVDY, DIPS, FBY, GDXY, BABO, JPMO, and MRNY. The distributions vary in frequency and amount.
Nerdy Inc. reported a quarterly loss of $0.08 per share, beating the Zacks Consensus Estimate of a $0.12 loss. The company's revenue of $50.98 million missed the consensus estimate. Nerdy's stock has underperformed the market so far this year.
This article discusses the key events and earnings reports to watch in the upcoming week, including the Fed's decisions and Apple's WWDC.
Nerdy's (NRDY) Varsity Tutors for Schools to enhance learning opportunities for Trinity Lutheran School students with on-demand resources and personalized tutoring support.
