Coursera: Q1 Earnings Snapshot

MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Coursera Inc (COUR) on Monday reported a loss of $21.3 million in its first quarter.

On a per-share basis, the Mountain View, California-based company said it had a loss of 14 cents. Earnings, adjusted for stock option expense and restructuring costs, came to 7 cents per share.

The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The online learning platform posted revenue of $169.1 million in the period, which missed Street forecasts. Five analysts surveyed by Zacks expected $170.7 million.

For the current quarter ending in June, Coursera said it expects revenue in the range of $162 million to $166 million.

The company expects full-year revenue in the range of $695 million to $705 million.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on COUR at

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up