secwatch.observer — SEC 8-K summary
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Issuer:     Udemy, Inc. (UDMY)
CIK:        0001607939
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001607939-22-000116
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Udemy Q3 revenue $158.4M (+22% YoY); net loss widens to $46.7M; UB segment up 67%
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- Total revenue $158.4M (+22% YoY); FX headwind of 5pp. Udemy Business revenue $83.9M (+67% YoY).
- GAAP net loss $46.7M vs $9.3M loss in prior year; Adjusted EBITDA loss $12.9M vs $1.6M profit.
- Udemy Business ARR $350M (+69% YoY) with Net Dollar Retention 117%; total customers 13,437 (+40%).
- Consumer revenue fell 6% YoY to $74.6M; Monthly Average Buyers flat at 1.32M (+4%).
- No specific forward guidance provided; company cites macro headwinds but remains bullish long term.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1607939/000160793922000116/0001607939-22-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1607939/000160793922000116/udmy-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001607939-22-000116

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer