Udemy (UDMY) Misses Q4 EPS by 2c
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Udemy Reports Fourth Quarter 2021 and Fiscal Year 2021 Results
February 9, 2022 4:05 PM ESTSAN FRANCISCO, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Udemy (Nasdaq: UDMY), a leading destination for learning and teaching online, today reported results for the fourth quarter ended December 31, 2021.
As we look to 2022, we see the increasing focus by organizations on digital transformation initiatives, which come with a need to upskill and reskill teams, coupled with a focus on employee engagement and retention, driving Udemy Businesss strong ARR, which was $239 million exiting the fourth quarter. In Q4 our consumer business stabilized, global traffic remained strong, and the marketplace continues to deliver an... More
