Coursera Inc
NYSE:COUR

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Coursera Inc
NYSE:COUR
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Price: 8.56 USD -0.35% Market Closed
Market Cap: 1.4B USD

Coursera Inc
Investor Relations

In the rapidly evolving world of online education, Coursera Inc. has carved a formidable presence as a pioneer in accessible, high-quality learning. Founded in 2012 by Stanford professors Andrew Ng and Daphne Koller, the platform emerged during a transformative time when digital learning was beginning to democratize education. Coursera partners with universities and institutions globally to offer a robust catalog of courses across a multitude of disciplines. This collaboration allows the company to offer individual courses, professional certificates, and even full degree programs, making higher education available to anyone with an internet connection. The company’s learning ecosystem is designed to cater to varied learning needs, from casual learners to professionals seeking career advancements, by providing interactive and engaging content that promotes knowledge retention and practical application.

Coursera's business model is as innovative as it is multifaceted. Primarily, the company generates revenue through a tiered approach, targeting different segments of their user base. The freemium model attracts users by offering preliminary access to course materials at no cost, enticing them to transition to paid certificates and specialization courses for a more comprehensive learning experience. On the professional front, the company offers enterprise solutions, partnering with businesses to provide customized training programs for workforce development, which forms a major chunk of its revenue stream. Furthermore, Coursera partners with universities to offer degree programs, allowing students to earn accredited degrees in a more flexible and often more affordable manner compared to traditional settings. This synergy of educational offerings and diverse revenue channels positions Coursera as a significant player in the edtech industry, continually expanding its reach in a world increasingly reliant on digital learning.

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Earnings Calls

2024 Q3
Oct 24, 2024
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Coursera Reports Steady Growth Amid Challenges and Cost-Cutting Strategy
2024 Q3
Oct 24, 2024

Coursera posted Q3 revenue of $176.1 million, a 6% increase year-over-year, but tempered growth expectations for Q4 due to consumer retention issues. Gross profit stood at $98.1 million with a margin of 56%, up from 51% a year prior. The firm anticipates Q4 revenues between $174-$178 million and has raised its adjusted EBITDA margin forecast by 170 basis points to 5.4%. A strategic cost-cutting initiative aims to save $30 million annually, reaffirming a focus on profitability while investing in growth areas such as Course Builder and generative AI training, vital for future expansion.

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Management

Dr. Andrew Y. Ng
Co-Founder & Chairman
No Bio Available
Mr. Jeffrey Nacey Maggioncalda
CEO, President & Director
No Bio Available
Mr. Kenneth R. Hahn
Senior VP, CFO & Treasurer
No Bio Available
Mr. Alan B. Cardenas
SVP, General Counsel & Secretary
No Bio Available
Dr. Daphne Koller Ph.D.
Co-Founder
No Bio Available
Ms. Michele M. Meyers
VP of Accounting & Chief Accounting Officer
No Bio Available
Mr. Mustafa Furniturewala
Chief Technology Officer
No Bio Available
Mr. Cam Carey
Head of Investor Relations
No Bio Available
Mr. Timothy C. Hannan
Chief Marketing Officer
No Bio Available
Mr. Marcelo Modica
Chief People Officer
No Bio Available

Contacts

Address
CALIFORNIA
Mountain View
381 E. Evelyn Ave.
Contacts
+16509639884.0
www.coursera.org