secwatch.observer — SEC 8-K summary
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Issuer:     Udemy, Inc. (UDMY)
CIK:        0001607939
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0001607939-23-000079
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Udemy Q1 revenue $176.4M (+16% YoY) beats guidance; UB ARR $396M (+42%); SVP Mkting resigns
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- Total revenue $176.4M, up 16% YoY, exceeding guidance; enterprise segment revenue $95.2M (+47% YoY).
- Net loss widened to $44.5M from $25.6M; adjusted EBITDA loss narrowed to $6.3M from $7.0M.
- Udemy Business ARR grew 42% to $396.0M; total customers reached 14,359, up 24% YoY.
- SVP Marketing Llibert Argerich resigns effective May 31, 2023; no disagreement; consulting agreement through Dec 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1607939/000160793923000079/0001607939-23-000079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1607939/000160793923000079/udmy-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001607939-23-000079

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