MOUNTAIN VIEW, Calif. (AP) — MOUNTAIN VIEW, Calif. (AP) — Coursera Inc (COUR) on Thursday reported a loss of $26.8 million in its fourth quarter.
The Mountain View, California-based company said it had a loss of 16 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, were 6 cents per share.
The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of 6 cents per share.
The online learning platform posted revenue of $196.9 million in the period, which topped Street forecasts. Six analysts surveyed by Zacks expected $191.8 million.
For the year, the company reported a loss of $51 million, or 31 cents per share. Revenue was reported as $757.5 million.
For the current quarter ending in March, Coursera said it expects revenue in the range of $193 million to $197 million.
The company expects full-year revenue in the range of $805 million to $815 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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