secwatch.observer — SEC 8-K summary
======================================

Issuer:     Udemy, Inc. (UDMY)
CIK:        0001607939
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001607939-25-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1607939/000160793925000007/0001607939-25-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1607939/000160793925000007/udmy-20250213.htm
  HTML page:      https://secwatch.observer/filing/0001607939-25-000007

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