Investing.com - Udemy reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Udemy announced earnings per share of $-0.33 on revenue of $158.4M. Analysts polled by Investing.com anticipated EPS of $-0.17 on revenue of $155.7M.
Udemy shares are down 58% from the beginning of the year , still down 55.52% from its 52 week high of $32.62 set on Friday, November 19, 2021.
Udemy follows other major Consumer Discretionary sector earnings this month
Udemy's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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