Nerdy Inc. (NRDY)
Nerdy 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.
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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.
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In the last three months, 4 analysts have published ratings on Nerdy (NYSE:NRDY), offering a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a ...