secwatch.observer — SEC 8-K summary
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Issuer:     Coursera, Inc. (COUR)
CIK:        0001651562
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0001651562-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coursera Q4 revenue $168.9M (+19% YoY); first positive adjusted EBITDA quarter
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- Full year 2023 revenue $635.8M (+21% YoY); net loss improved to $(116.6)M from $(175.4)M.
- Q4 non-GAAP net income $9.5M vs loss of $(5.5M) a year ago; GAAP net loss per share $(0.13).
- Adjusted EBITDA in Q4 was $5.7M (3.4% of revenue), first positive quarter; FY 2024 outlook midpoint $735M.
- Gross margin contracted to 53% (non-GAAP) due to cost shift from large industry partner contract.
- Platform reached 142 million learners; CEO cites AI partnerships with Microsoft, Google Cloud, and others.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1651562/000165156224000004/0001651562-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1651562/000165156224000004/cour-20240201.htm
  HTML page:      https://secwatch.observer/filing/0001651562-24-000004

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