earnings
confidence high
sentiment negative
materiality 0.70
Nerdy Q4 revenue $48M (-13% YoY), adjusted EBITDA loss $5.5M, beats guidance
Nerdy Inc.
2024-FY EPS reported
-$0.38
revenue$190,231,000
- Consumer revenue $41.0M (-6% YoY); Institutional revenue $6.8M (-40% YoY).
- Net loss $15.7M vs $9.2M loss in Q4 2023; gross margin 66.6% vs 71.3%.
- Active Members 37.5K as of Dec 31, 2024; cash $52.5M, no debt.
- Q1 2025 revenue guidance $45-47M; full year $190-200M. Expects EBITDA-positive in Q4 2025.
- AI product rollouts cited for future growth; headcount peaked in 2024.