Coursera Sees 36% Surge Fueled by Strong Revenue Projections and Q2 Earnings

Reported 1 day ago

Coursera, Inc. (NYSE:COUR) experienced a remarkable 36.23% increase in its stock price, closing at $12.37, following an improved revenue outlook and favorable Q2 earnings. The company reported a reduction in net loss by 66% and a 10% rise in revenues year-over-year, attracting over seven million new learners. Subsequently, Coursera adjusted its revenue expectations for Q3 and the full year, aiming for between $738 million and $746 million in total revenue.

Source: YAHOO

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