{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-337961","form_type":"8-K","ticker":"NRDY","cik":"0001819404","company_name":"Nerdy Inc.","filed_at":"2026-08-06T20:05:34+00:00","discovered_at":"2026-08-06T20:07:10.269219+00:00","generated_at":"2026-08-06T20:07:49.830423+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Nerdy Q2 revenue $43.3M in line; loss narrows; cuts FY guidance on school exit","bullets":["Q2 revenue $43.3M (-4% YoY), in line with $42-44M guidance; net loss improved to $6.9M from $12.0M YoY.","Non-GAAP adjusted EBITDA loss $0.9M, improved from -$2.7M YoY; in line with guidance of -$2M to breakeven.","Active Members 29.1k (-5% YoY), decline narrowed for 4th consecutive quarter; ARPM $366 (+5% YoY).","Exiting First Tutors (UK) and shutting Varsity Tutors for Schools; expects $2-4M exit costs in Q3.","FY 2026 revenue guidance cut to $168-175M (from $180-190M); year-end cash expected $30-32M (from $40-45M)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-337961","json":"https://secwatch.observer/filing/0001193125-26-337961.json","markdown":"https://secwatch.observer/filing/0001193125-26-337961.md","text":"https://secwatch.observer/filing/0001193125-26-337961.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819404/000119312526337961/0001193125-26-337961-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819404/000119312526337961/d70247d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-06T20:07:49.830423+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"}