Coursera Q1 revenue up 36% to $120.4M; net loss widens to $38.3M

Coursera, Inc.

2023-Q1 EPS reported -$0.27 revenue$120,433,000

Revenue $120.4M, up 36% YoY from $88.4M.
Gross profit $77.6M (64.5% margin), up 57% YoY.
Net loss $(38.3)M vs $(18.7)M a year ago; non-GAAP net loss $(15.8)M.
Adjusted EBITDA $(11.0)M, or (9.1)% of revenue.
Platform surpassed 100 million total registered learners.

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