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Investing.com -- Udemy Inc. (NASDAQ:UDMY) shares gained 3.9% in after-hours trading after the AI-powered reskilling platform reported better-than-expected first quarter results and provided a mixed outlook for the full year.
The company posted adjusted earnings per share of $0.12 for the first quarter, surpassing analyst estimates of $0.10. Revenue came in at $200.3 million, exceeding the consensus forecast of $197.3 million and representing a 2% year-over-year increase.
Udemy’s Enterprise segment, known as Udemy Business, saw revenue grow 9% YoY to $127.7 million. However, the Consumer segment experienced an 8% YoY decline in revenue to $72.6 million.
"I am pleased that our Q1 results exceeded expectations for both revenue and adjusted EBITDA," said Hugo Sarrazin, President and CEO of Udemy. He highlighted the company’s position at the forefront of AI-powered learning transformation and its ability to address the global reskilling imperative.
For the second quarter, Udemy expects revenue between $195 million and $199 million, in line with the analyst consensus of $196.6 million. The company’s full-year 2025 revenue guidance of $772 million to $794 million falls slightly below the consensus estimate of $794.4 million at the midpoint.
Udemy added nearly 120 net new Enterprise customers during the quarter, bringing its total to 17,216. The company also launched Career Accelerators, AI-powered subscription learning paths designed to fast-track professional growth.
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