{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-053808","form_type":"8-K","ticker":"NRDY","cik":"0001819404","company_name":"Nerdy Inc.","filed_at":"2023-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:46.758242+00:00","generated_at":"2026-06-18T22:35:09.757908+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nerdy Q4 revenue $41.8M beats guidance; Learning Memberships hit 50% of revenue; guides FY23 revenue $190-200M","bullets":["Q4 revenue $41.8M (above $39-41M guidance); FY22 revenue $162.7M (+16% YoY).","Learning Membership revenue $20.8M (50% of total), annualized run-rate $87M; active members 20K+ with ARPM ~$350.","Gross margin 70.5% (+230 bps YoY); adjusted EBITDA loss $(5.5)M, in line with prior year and beating guidance.","Institutional bookings record $11.3M in Q4; over 70 contracts including first Teacher Assigned partnership.","Guides Q1'23 revenue $45-47M, FY'23 revenue $190-200M; expects adjusted EBITDA profitability by end of 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-053808","json":"https://secwatch.observer/filing/0001193125-23-053808.json","markdown":"https://secwatch.observer/filing/0001193125-23-053808.md","text":"https://secwatch.observer/filing/0001193125-23-053808.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819404/000119312523053808/0001193125-23-053808-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819404/000119312523053808/d415227d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T22:35:09.757908+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8f98bc951a8ad57649179bd9b4ed04e6d43c34f0","claim":"Nerdy Inc. reported the fourth fiscal quarter ended December 31, 2022 results: revenue $41.8 million. Guidance reaffirmed.","evidence_excerpt":"We delivered revenue of $41.8 million for the fourth quarter, above our guidance range of $39-41 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1819404/000119312523053808/0001193125-23-053808-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth fiscal quarter ended December 31, 2022"},{"label":"Revenue","value":"$41.8 million"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}