secwatch.observer — SEC 8-K summary
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Issuer:     Coursera, Inc. (COUR)
CIK:        0001651562
Form:       8-K
Filed at:   2023-07-27T23:59:59+00:00
Accession:  0001651562-23-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coursera Q2 revenue up 23% to $153.7M; raises FY 2023 revenue outlook to $620M
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- Revenue $153.7M (+23% YoY); net loss narrowed to $(31.7)M from $(49.3)M YoY.
- Adjusted EBITDA $(2.9)M (1.9% of revenue) vs $(15.6)M YoY; cash used ops $(6.4)M.
- FY 2023 revenue guidance midpoint raised to $620M (from $605M); adjusted EBITDA margin improves 150 bps to (3.5)%.
- Gross margin fell to 51.9% (62.8% YoY) due to contract extension with largest industry partner.
- Highlights 40+ entry-level Professional Certificates from Google, Microsoft, CVS Health.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1651562/000165156223000010/0001651562-23-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1651562/000165156223000010/cour-20230727.htm
  HTML page:      https://secwatch.observer/filing/0001651562-23-000010

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