---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-047907"
form_type: "8-K"
ticker: "NRDY"
cik: "0001819404"
company_name: "Nerdy Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T12:34:51.052140+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nerdy Q4 revenue $55.1M (+32% YoY); non-GAAP EBITDA positive $3.0M, beats guidance

## Summary
- Q4 revenue $55.1M (+32% YoY); Consumer subscription rev $43.5M (+109%); Institutional rev $11.3M (+160%).
- Active Learners 40.7K (+101% YoY); annualized run-rate from Learning Memberships $151M (+74%).
- Q4 non-GAAP adjusted EBITDA positive $3.0M (vs breakeven guidance); full-year loss $2.5M vs $35.7M prior.
- Varsity Tutors for Schools Q4 bookings $10.3M (42 contracts); full-year bookings $37.6M (+52%).
- 2024 guidance: revenue growth ~24% YoY, positive operating cash flow, further margin expansion.

## SEC filing metadata
- accession: 0001193125-24-047907
- form_type: 8-K
- ticker: NRDY
- cik: 0001819404
- company_name: Nerdy Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819404/000119312524047907/0001193125-24-047907-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819404/000119312524047907/d770750d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-047907
- JSON: https://secwatch.observer/filing/0001193125-24-047907.json
- Plain text: https://secwatch.observer/filing/0001193125-24-047907.txt

## Key facts
- Earnings Releases
  Nerdy Inc. reported financial results for fourth fiscal quarter and fiscal year ended December 31, 2023.
  - Period: fourth fiscal quarter and fiscal year ended December 31, 2023
  - Result: reported results
  source text: On February 27, 2024, Nerdy Inc. issued press releases announcing results for its fourth fiscal quarter and fiscal year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819404/000119312524047907/0001193125-24-047907-index.htm

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