MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Coursera Inc (COUR) on Thursday reported a loss of $7.8 million in its second quarter.
The Mountain View, California-based company said it had a loss of 5 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 12 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 9 cents per share.
The online learning platform posted revenue of $187.1 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $181 million.
For the current quarter ending in September, Coursera said it expects revenue in the range of $188 million to $192 million.
The company expects full-year revenue in the range of $738 million to $746 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COUR at https://www.zacks.com/ap/COUR
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