Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-40956 Udemy, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 27-17 ...

Udemy Reports Second Quarter 2024 Results Enterprise Segment Total Customers 16,595 14,946 11 % Annual Recurring Revenue $ 492.6 $ 420.4 17 % UB Net Dollar Retention Rate 101 % 108 % (700) bps UB Large Customer Net Dollar Retention Rate108 % 115 % (700) bps Segment Revenue $ 120.6 $ 101.6 19 % $ 238.2 $ 196.9 21 % Segment Gross Profit $ 87.2 $ 67.7 29 % $ 171.9 $ 130.0 32 % Segment Gross Margin 72 % 67 % 600 bps 72 % 66 % 600 bps Consumer Segment Monthly Average Buyers 1.29 1.34 (4) % 1.36 1.37 — % Segment ...

About Udemy Investor Contact: Dennis Walsh Vice President, Investor Relations dennis.walsh@udemy.com SAN FRANCISCO, July 12, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will report its second quarter 2024 financial results after the close of market on Wednesday, July 31, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. Udemy (Nasdaq: UDMY) transforms lives ...

SAN FRANCISCO, July 12, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced it will report its second quarter 2024 financial results after the close of market on Wednesday, July 31, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. A link to the live webcast and recorded replay of the conference call will be available on the "Quarterly Results" section of Udemy's Inves ...

Maskot/DigitalVision via Getty Images Summary I give a Buy rating for Udemy (NASDAQ:UDMY), as I am a firm believer that online education has a long growth runway ahead of it, and UDMY is well positioned to take advantage of this secular tailwind. Its biggest competitive advantage stems from its two-sided marketplace model, which creates a strong flywheel effect. While recent financials have shown some weakness in growth, I believe that as the macro environment recovers, demand will recover accordingly, and ...

Company to webcast sessions from the William Blair Annual Growth Stock Conference on June 5 and the BofA Securities Global Technology Conference on June 6 SAN FRANCISCO, May 23, 2024 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today announced that Udemy leadership will participate in two June investor conferences, including: Live webcasts will be available through the "Events & Presentations" section of Udemy's investor relations website at https://in ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-40956 Udemy, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 27-1 ...

Udemy, Inc. (NASDAQ:UDMY) Q1 2024 Earnings Conference Call May 2, 2024 5:00 PM ET Company Participants Dennis Walsh - Vice President, Investor Relations Gregory Brown - Chief Executive Officer Sarah Blanchard - Chief Financial Officer Conference Call Participants Stephen Sheldon - William Blair Curtis Nagle - Bank of America Ryan MacDonald - Needham & Company Connor Passarella - Truist Josh Baer - Morgan Stanley Noah Herman - JPMorgan David Lustberg - Jefferies Devin Au - KeyBanc Operator Good day and welco ...

Udemy Business revenue grew 24% year-over-year First Quarter 2024 Financial Results and Key Operating Data Summary Udemy Reports First Quarter 2024 Results (in millions, except customers, percentages and basis points) | | | | Three Months Ended March 31, | | % Change | | --- | --- | --- | --- | --- | --- | | | | 2024 | | 2023 | YoY | | Revenue | $ | 196.8 | $ | 176.4 | 12 % | | Gross Profit | $ | 120.6 | $ | 99.7 | 21 % | | Gross Margin | | 61 % | | 57 % | 400 bps | | Non-GAAP Gross Profit | $ | 122.9 | $ | ...

SAN FRANCISCO, April 12, 2024 (GLOBE NEWSWIRE) -- Udemy (NASDAQ:UDMY), a leading online skills marketplace and learning platform, today announced it will report its first quarter 2024 financial results after the close of market on Thursday, May 2, 2024. Udemy will host a live conference call and webcast to discuss the results that afternoon at 2 p.m. PT / 5 p.m. ET. A link to the live webcast and recorded replay of the conference call will be available on the "Quarterly Results" section of Udemy's Investor ...