BUZZ-Coursera tanks on surprise Q4 loss; appoints new CEO
ReutersJan 30, 2025 3:45 PM
Shares of e-learning platform Coursera COUR.N down 9.45% at $8.67
Co posts surprise Q4 loss of 14 cents per share, while analysts estimated a profit of 7 cents per share as per LSEG data
COUR expects Q1 revenue in the range of $173 mln to $177 mln vs estimates of $178.2 mln
Company announced Greg Hart as its president and CEO, effective February 3
Hart succeeds Jeff Maggioncalda, who is set to retire
10 out of 13 brokerages rate the stock "buy" or higher; 2 "hold" and 1 "sell"; their median PT is $10
Stock down 56.12% in 2024
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