{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-196950","form_type":"8-K","ticker":"NRDY","cik":"0001819404","company_name":"Nerdy Inc.","filed_at":"2024-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.654176+00:00","generated_at":"2026-05-31T11:10:10.980143+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Nerdy Q2 revenue $51M (+4% YoY), net loss $14.4M; cuts guidance","bullets":["Revenue $51.0M (+4% YoY) in line with guidance; net loss $14.4M vs $5.6M loss last year.","Adjusted EBITDA loss $2.1M (top of guidance) vs +$1.3M last year; full-year EBITDA guided -$19M to -$21M.","Active Members 35.5K (+15% YoY) but ARPM fell to $281 from $352 due to higher mix of lower-frequency memberships.","Institutional revenue $11.1M (+33% YoY); freemium platform now reaches 3.3M students across ~600 districts.","Cash $69.8M, no debt; Q3 revenue guided $35-38M, full-year revenue $196-204M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-196950","json":"https://secwatch.observer/filing/0001193125-24-196950.json","markdown":"https://secwatch.observer/filing/0001193125-24-196950.md","text":"https://secwatch.observer/filing/0001193125-24-196950.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819404/000119312524196950/0001193125-24-196950-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819404/000119312524196950/d867914d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T11:10:10.980143+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}