Udemy Posts Surprising Q4 Sales, Stock Gains
Key Highlights:
* Revenue exceeds estimates: $199.9 million vs. $194.7 million
* Non-GAAP EPS: $0.10, surpassing consensus by 53.4%
* Adjusted EBITDA: $19.48 million, beating forecasts by 65.4%
Growth Deceleration Concerns:
* Next quarter's revenue guidance falls below estimates ($197 million)
* Analyst projections indicate a 1.1% sales growth for FY2025 vs. 8% in FY2024
* EBITDA growth of 2.6% over the next 12 months, below historical rates
Strengths:
* Strong EBITDA guidance for Q1 and FY2025
* Consistent sales growth over the past three years (15.1% CAGR)
Cautions:
* Missed revenue guidance for FY2025
* Weak revenue outlook for Q1
Evaluation:
Udemy's solid Q4 performance, coupled with optimistic EBITDA guidance, suggests continued growth potential. However, concerns over revenue deceleration and analyst estimates that fall short of guidance warrant further consideration. The stock's immediate jump may not fully reflect the company's long-term prospects.
Explore Udemy's full research report at [link] for a comprehensive analysis of its business quality and valuation before making investment decisions.