Nerdy (NRDY)

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Nerdy (NRDY) - 2024 Q1 - Quarterly Results
2024-05-07 20:05
Exhibit 99.1 In the first quarter, we executed against the three primary goals we laid out for the year, including: (1) scaling the winning product for every Learner; (2) expanding the number of Learners we can impact by introducing freemium strategies across both our Consumer and Institutional offerings, and (3) laying the foundation to deliver profitable growth for the full year. The convergence of subscription business models and access-based products across Consumer and Institutional is allowing us to u ...
Nerdy's (NRDY) Varsity Tutors for Schools Collabs with Prague HS
Zacks Investment Research· 2024-04-15 16:46
Nerdy, Inc.'s (NRDY) leading live online tutoring platform, Varsity Tutors for Schools, inks a partnership with Prague High School to provide all students with access to the platform at no cost.The collaboration aims to provide additional learning resources, including interactive study tools and live online tutoring, to support students' academic growth. Prague High School students and families will gain immediate access to the platform, which is available until June 2030.Varsity Tutors for Schools offers d ...
Nerdy: Pay Attention To Institutional Business And AI-Driven Savings
Seeking Alpha· 2024-04-12 07:28
Poca Wander Stock/iStock via Getty Images Elevator Pitch I have a Buy rating for Nerdy, Inc. (NYSE:NRDY) stock. Previously, I touched on NRDY's financial prospects for the long run with my prior November 1, 2023 update. My current write-up draws attention to Nerdy's institutional business segment and the positive impact of AI on the company's margins. I think that NRDY is well-positioned for sustained revenue growth and profitability improvement, considering the favorable outlook for its institutional busin ...
3 for $3: Speculative Stocks to Buy on the Cheap
InvestorPlace· 2024-04-09 16:49
In most situations, you want to stay on the tried-and-true approach, which leaves little room for speculative stocks. You can consider this arena as the equivalent to the longball approach in (American) football. Such plays make the highlight reels but they also have a greater chance of ending in disaster.So, balanced teams – the type that win championships – feature strengths in both the running and passing components. However, in some situations, teams find themselves forced to go the passing route. In su ...
Nerdy (NRDY) Partners With Rossville for Varsity Tutors Access
Zacks Investment Research· 2024-04-08 14:41
Nerdy, Inc.'s (NRDY) leading live online tutoring platform, Varsity Tutors for Schools, announces a partnership with Rossville Consolidated School District. The collaboration aims to provide all district students or families with access to the platform at no cost.The comprehensive platform offers on-demand learning resources to assist students whenever needed, including interactive study tools, collaborative workspaces and dynamic learning resources.NRDY provides students with the opportunity to consult wit ...
Varsity Tutors Rolls Out 2024 Summer Learning Programming
Businesswire· 2024-03-19 11:00
ST. LOUIS--(BUSINESS WIRE)--Summer is still three months away, but families are already making plans for kids to attend summer camp. Varsity Tutors, a Nerdy company, today unveiled its 2024 summer programming with an emphasis on accelerating students toward their academic goals. “There is a frenetic pace to the school year, requiring lots of students to give their full effort just to keep up,” said Varsity Tutors’ Chief Academic Officer, Brian Galvin. “Summer is an opportunity to not just catch up, but f ...
Nerdy (NRDY) - 2023 Q4 - Earnings Call Transcript
2024-02-28 02:22
Nerdy, Inc. (NYSE:NRDY) Q4 2023 Earnings Conference Call February 27, 2024 5:00 PM ET Company Participants TJ Lynn - Associate General Counsel Chuck Cohn - Founder, Chairman & Chief Executive Officer Jason Pello - Chief Financial Officer Conference Call Participants Eric Sheridan - Goldman Sachs Brian Smile - JPMorgan Andrew Boone - JMP Securities Alex Tyler - Raymond James Maria Ripps - Canaccord Thomas Shinske - Cantor Fitzgerald Operator Hello everyone. Thank you for attending today's Nerdy Incorporated ...
Nerdy Inc. (NRDY) Reports Q4 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-02-27 23:36
Nerdy Inc. (NRDY) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 54.55%. A quarter ago, it was expected that this company would post a loss of $0.19 per share when it actually produced a loss of $0.13, delivering a surprise of 31.58%.Over the last four quarters, the company has surpass ...
Nerdy (NRDY) - 2023 Q4 - Annual Report
2024-02-26 16:00
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-K _________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 1-39595 _________________________________________ NERDY INC. (Exact na ...
Nerdy (NRDY) - 2023 Q4 - Annual Results
2024-02-26 16:00
Exhibit 99.1 Q4 | 2023 Earnings Release A Note to Our Shareholders We started 2023 with three primary goals that included: | Scaling 'Always On' | | --- | | access-based subscription revenue products | | Driving profitability | | Leveraging AI for HI® - | Artificial Intelligence for Human Interaction to transform how people learn Year in Review I'm proud of the Nerdy team for delivering against all three of these commitments, which were accomplished through tight execution against ambitious initiatives in b ...