Udemy posts Q4 revenue $199.9M, full-year $786.6M; Enterprise revenue +18% YoY; record EBITDA

Udemy, Inc.

2024-FY EPS reported -$0.56 revenue$786,565,000

Q4 revenue $199.9M (+5% YoY); full year revenue $786.6M (+8% YoY).
Enterprise segment revenue grew 18% full year to $494.5M; UB ARR $516.9M (+11% YoY).
Record Adjusted EBITDA $43.0M for FY'24 (margin 5%); Q4 Adjusted EBITDA $19.5M (margin 10%).
Net loss improved to $9.9M Q4 (from $20.2M) and $85.3M full year (from $107.3M).
Completed $150M share repurchase; appointed two new independent directors (Maco, Chrapaty).

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