---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-329832"
form_type: "8-K"
ticker: "NRDY"
cik: "0001819404"
company_name: "Nerdy Inc."
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:37:07.783313+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Nerdy Q3 revenue $31.3M (+19%), launches K12 institutional strategy; guides Q4 rev $40-43M

## Summary
- Revenue $31.3M (+19% YoY); net loss $57.7M incl $7.2M transaction costs; adjusted EBITDA loss $11.7M.
- Active Learners 52k (+36% YoY), Online Sessions 451k (+45%); bookings $44.5M (+32% YoY).
- Launched Varsity Tutors for Schools with 47 contracts signed worth ~$10M annual contract value.
- Q4 2021 revenue guidance $40-43M (midpoint +25% YoY); full-year $138-141M (+35% midpoint).
- Completed SPAC merger with TPG Pace on Sep 20; $170M cash and no debt.

## SEC filing metadata
- accession: 0001193125-21-329832
- form_type: 8-K
- ticker: NRDY
- cik: 0001819404
- company_name: Nerdy Inc.
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819404/000119312521329832/0001193125-21-329832-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819404/000119312521329832/d241288d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-329832
- JSON: https://secwatch.observer/filing/0001193125-21-329832.json
- Plain text: https://secwatch.observer/filing/0001193125-21-329832.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.