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Investing.com -- Coursera , Inc. (NYSE:COUR) reported better-than-expected first quarter results and raised its full-year revenue guidance, sending shares up 2% in after-hours trading.
The online education platform posted adjusted earnings per share of $0.12, surpassing analyst estimates of $0.08. Revenue for the quarter reached $179.3 million, up 6% YoY and exceeding the consensus forecast of $175.58 million.
Coursera welcomed a record 7.1 million new registered learners in Q1, highlighting strong global demand for its offerings. The company now boasts 175.3 million total registered learners, an 18% increase from the previous year.
"We had a solid start to 2025. Our growth expectations for the full year have improved as we begin to implement new operating capabilities with a focused set of initiatives," said Ken Hahn, Coursera’s CFO.
For the second quarter, Coursera expects revenue between $179 million and $183 million, above the consensus estimate of $176.9 million. The company raised its full-year 2025 revenue outlook to a range of $720 million to $730 million, up from its previous guidance and surpassing analyst expectations of $720.1 million.
Coursera generated $25.3 million in free cash flow during the quarter, a 40% increase YoY. The company’s net retention rate for paid enterprise customers declined slightly to 91% from 94% in the same quarter last year.
CEO Greg Hart, who recently stepped into the role, expressed optimism about Coursera’s position in the evolving education landscape, stating, "We welcomed more than seven million new learners, marking a first quarter record and underscoring the global demand for job-relevant skills and trusted education."
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