{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-175419","form_type":"8-K","ticker":"NRDY","cik":"0001819404","company_name":"Nerdy Inc.","filed_at":"2025-08-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.116617+00:00","generated_at":"2026-05-17T18:10:42.557415+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Nerdy Q2 revenue $45.3M (-11% YoY); EBITDA loss $2.7M beats guidance; Learning Membership rev +4%","bullets":["Total revenue $45.3M, down 11% YoY due to non-recurring state-funded program and lower Institutional revenue.","Net loss $12.0M vs $14.4M loss in Q2 2024; adjusted EBITDA loss $2.7M beat guidance of -$3.0M to -$6.0M.","Learning Membership revenue $37.8M (+4% YoY); Active Members 30.6k; ARPM $348 (+24% YoY).","Q3 2025 revenue guidance $37-40M; FY revenue $191-197M; on track for adjusted EBITDA profitability in Q4.","Varsity Tutors for Schools bookings $4.9M (+21% YoY); cash $36.7M no debt."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-175419","json":"https://secwatch.observer/filing/0001193125-25-175419.json","markdown":"https://secwatch.observer/filing/0001193125-25-175419.md","text":"https://secwatch.observer/filing/0001193125-25-175419.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819404/000119312525175419/0001193125-25-175419-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819404/000119312525175419/d38748d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T18:10:42.557415+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"}