Coursera Reports First Quarter Fiscal 2021 Financial Results
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Analysts Raise Estimates and PT on Recent IPO Coursera (COUR) After a Broad-Based Q1 Beat Amid Accelerating Growth
May 5, 2021 8:00 AM EDTCoursera (NYSE: COUR) posted stronger-than-expected results for its first quarter. This marks the first earnings report for a company that went public about 5 weeks ago.
On March 31, Coursera sold 15.73 million shares at $33.00 a piece, before rallying about 36% to trade around the $45 handle.
The Covid-19 pandemic has dramatically changed the way we learn, teach, and work, CEO Jeff Maggioncalda said in a statement.
Our strong first-quarter performance reflects the continued trend of individuals and institutions embracing online learning to develop skills for a digital future. We believe the digital transformation of... More
Coursera Inc (COUR) PT Raised to $60 at Telsey
May 5, 2021 6:35 AM EDTTelsey analyst Sarang Vora raised the price target on Coursera Inc (NYSE: COUR) to $60.00 (from $58.00) while maintaining a Outperform rating.
... MoreCoursera Inc. (COUR) Reports Q1 Loss of $0.40
May 4, 2021 4:24 PM EDTCoursera Inc. (NYSE: COUR) reported Q1 EPS of ($0.40), versus ($0.45) reported last year. Revenue for the quarter came in at $88.4 million, versus $53.8 million reported last year.
GUIDANCE:
Coursera Inc. sees Q2 2021 revenue of $89-93 million.
Coursera Inc. sees FY2021 revenue... More
