Reported about 18 hours ago
Coursera (NYSE:COUR) shares jumped significantly after the company reported better-than-expected second-quarter earnings, with a rise in revenue attributed to both consumer and enterprise segments. The online learning platform posted earnings of 12 cents per share against a forecast of 9 cents, with revenue hitting $187.1 million, surpassing estimates. Analyst Nafeesa Gupta upgraded the stock's rating and price target, noting a year-over-year revenue growth acceleration and improved profitability while highlighting anticipated challenges in the latter half of the year.
Source: YAHOO