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Coursera's Q2 Non-GAAP Earnings, Revenue Rise; Lifts Full-Year Revenue Outlook

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Coursera (COUR) reported Q2 non-GAAP earnings late Wednesday of $0.17 per diluted share, up from $0.12 a year earlier.

Analysts polled by FactSet expected $0.14

Revenue for the quarter ended June 30 was $298.6 million, up from $187.1 million a year earlier. Analysts expected $296.9 million.

For Q3, the company expects revenue of $364 million to $372 million. Analysts expect $369.6 million.

The company now expects full-year revenue in the range of $1.22 billion to $1.23 billion, up from prior outlook of $805 million to $815 million. Analysts expect $1.23 billion.

Shares of Coursera were down more than 7% in pre-bell activity Thursday.

Price: $5.74, Change: $-0.44, Percent Change: -7.12%

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