Departed
Jason Pello
Chief Financial Officer
NRDY ·
Nerdy Inc.
Jason Pello ceased serving as the Company’s Chief Financial Officer effective April 3, 2026.
Ready 8-Ks
41
Latest filing
May 22, 2026, 4:45 PM ET
Top materiality
0.85
Event mix
earnings ×19 · other_material ×7 · leadership ×5
Sentiment
12 pos · 7 neg · 22 neu
Latest earnings
reported 2026-Q1
Executive change
recent →
Recent 8-K filings for NRDY
Highest-materiality recent filing
Nerdy Q2 revenue $48.8M (+16% YoY), beats guidance; positive adjusted EBITDA $1.3M
- Revenue $48.8M (+16% YoY) above guidance $45-47M; GAAP net loss $5.6M, adjusted EBITDA positive $1.3M (beat -$3M to $0).
- Learning Memberships revenue $35.6M (73% of total); Active Members 31K, ARPM ~$350, annualized run-rate ~$130M.
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Nerdy signs consulting agreement with former CFO Jason Pello; $223K plus RSU vesting
Former CFO Jason Pello will serve as consultant through Oct 3, 2026, receiving $223,125 in aggregate payments.
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Nerdy Q1 revenue $48.7M beats guidance; positive adj. EBITDA $1.0M; member decline narrows to 9% YoY
Revenue $48.7M (+2% YoY), above $46-48M guidance; gross margin 66.2% vs 58.0% YoY.
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Elected Rob Hutter and Christopher Marshall as Class II directors; each received over 123M votes for.
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Nerdy appoints Atul Bagga as CFO, issues FY2026 revenue guidance $180-190M
Jason Pello's service as CFO ended April 3, 2026; Atul Bagga appointed effective April 6, 2026.
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Nerdy receives NYSE non-compliance notice for stock price below $1.00
NYSE notified Nerdy on March 5, 2026 that average closing price of Class A common stock was below $1.00 over 30 consecutive trading days.
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Nerdy Q4 revenue $49.1M (+2% YoY), first positive adjusted EBITDA $1.3M, guides FY26 rev $180-190M
Q4 revenue $49.1M (top end of $45-47M guidance), up 2% YoY; net loss $14.0M vs $15.8M YoY.
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Net loss $18.7M vs $25.0M a year ago; non-GAAP adjusted EBITDA loss $10.2M beats guidance range ($11M-$13M loss).
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Nerdy enters $50M loan facility with Hercules Capital; draws $20M initially
Initial draw of $20M from first tranche; remaining $10M available until Dec 31, 2026.
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Nerdy Appoints John Paszterko as COO; Former Amazon Operations Executive
John Paszterko appointed COO of Nerdy Inc., effective August 26, 2025.
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Nerdy Q2 revenue $45.3M (-11% YoY); EBITDA loss $2.7M beats guidance; Learning Membership rev +4%
Total revenue $45.3M, down 11% YoY due to non-recurring state-funded program and lower Institutional revenue.
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Nerdy Q1 revenue $47.6M beats guidance but down 11% YoY; net loss widens to $16.2M
Revenue of $47.6M beat top end of $45-47M guidance; down from $53.7M YoY due to fewer Learning Memberships.
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Nerdy shareholders elect Charles Cohn and Greg Mrva; ratify PwC as auditor
Charles Cohn re-elected with 137.9M votes for, 938.6K withheld; Greg Mrva with 124.1M for, 14.7M withheld.
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Nerdy Q4 revenue $48M (-13% YoY), adjusted EBITDA loss $5.5M, beats guidance
Consumer revenue $41.0M (-6% YoY); Institutional revenue $6.8M (-40% YoY).
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Nerdy regains NYSE minimum share price compliance; stock to continue listing
NYSE notified Nerdy on Dec 2, 2024, that it met the $1.00 minimum closing price requirement.
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Nerdy receives NYSE non-compliance notice; average stock price below $1.00 for 30 days
NYSE notified Nerdy on Nov 12, 2024 that its avg closing price was <$1.00 over 30 consecutive trading days.
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Nerdy Q3 revenue $37.5M (-7% YoY); net loss $25.0M; adj. EBITDA loss $14.0M beats guidance
Revenue $37.5M (down 7% YoY from $40.3M); gross margin 70.5% vs. 72.4% a year ago.
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Nerdy Q2 revenue $51M (+4% YoY), net loss $14.4M; cuts guidance
Revenue $51.0M (+4% YoY) in line with guidance; net loss $14.4M vs $5.6M loss last year.
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Nerdy Q1 revenue $53.7M (+9% YoY); Learning Memberships up 34%; positive adj EBITDA $24K
Consumer Learning Membership revenue $39.9M (+34% YoY), 74% of total revenue; Active Members 46.1K (+40% YoY).
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Nerdy shareholders elect Blunt and Udell as Class III directors, ratify PwC
Abigail Blunt elected with 125,587,531 votes for, 160,120 withheld; broker non-votes 15,136,297.
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Nerdy Q4 revenue $55.1M (+32% YoY); non-GAAP EBITDA positive $3.0M, beats guidance
Q4 revenue $55.1M (+32% YoY); Consumer subscription rev $43.5M (+109%); Institutional rev $11.3M (+160%).
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Nerdy Q3 revenue $40.3M (+27% YoY) beats guidance; Q4 outlook $54-56M
Revenue $40.3M, above $38-40M guidance; net loss $20.6M vs $32.3M loss YoY.
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Nerdy closes warrant exchange with 97.5% tendered; cancels 60% of earnout shares
97.5% of outstanding public warrants validly tendered; non-tendered warrants forcibly exchanged at 0.2250 Class A shares each.
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0.250 shares of Class A per public warrant tendered; non-tendered warrants forced at 0.225 shares.
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Nerdy Q2 revenue $48.8M (+16% YoY), beats guidance; positive adjusted EBITDA $1.3M
Revenue $48.8M (+16% YoY) above guidance $45-47M; GAAP net loss $5.6M, adjusted EBITDA positive $1.3M (beat -$3M to $0).
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Nerdy Q1 rev $49.2M above guidance; turns EBITDA positive at $1.4M
Revenue of $49.2M up 5% YoY, above $45-47M guidance; returned to growth after J-Curve transition.
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Compensation Committee approved Executive Incentive Compensation Plan on May 2, 2023; cash bonuses based on corporate/individual goals.
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Nerdy CPO Heidi Robinson departs, forfeits 855K RSUs, continues as consultant
Heidi Robinson no longer executive officer as of March 6, 2023; will provide consulting through Dec 31, 2023.
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Q4 revenue $41.8M (above $39-41M guidance); FY22 revenue $162.7M (+16% YoY).
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Nerdy cuts 17% of workforce; expects $1-2M restructuring charges in Q4 2022
Workforce reduction of approximately 17% of total workforce; primarily variable hourly roles.
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Nerdy Q3 revenue $31.8M in line; Learning Membership run-rate $50.2M; guides Q4 rev $39-41M
Revenue $31.8M (guidance $30-33M); net loss $(32.3)M vs $(57.7)M prior year; adjusted EBITDA loss $(14.0)M at high end of guidance.
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Nerdy Q2 revenue $42.2M beats guidance; Active Learners up 36% YoY; FY22 outlook reaffirmed
Revenue $42.2M (+29% YoY) above guidance range of $37-40M; gross profit $28.8M (+35.2% YoY).
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Nerdy board member Erik Blachford resigns; Stuart Udell appointed as director
Erik Blachford resigned from Board on Aug 3, 2022; not due to any disagreement.
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Nerdy posts record Q1 revenue $46.9M (+36% YoY); COO Ian Clarkson departs
Revenue $46.9M (record), bookings $48.5M, net loss ($31.7M) vs ($5.7M) YoY.
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Nerdy shareholders approve 12.5M share increase to equity plan and annual evergreen provision
Approved amendment raising authorized shares under 2021 Equity Plan from 27.8M to 40.3M.
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Nerdy reports record Q4 revenue of $42M, full year $140.7M; guides FY2022 revenue $196-200M
Full-year revenue $140.7M (+35% YoY); Q4 revenue $42.0M (+27% YoY); bookings $159.9M (+48% YoY).
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Nerdy Q3 revenue $31.3M (+19%), launches K12 institutional strategy; guides Q4 rev $40-43M
Revenue $31.3M (+19% YoY); net loss $57.7M incl $7.2M transaction costs; adjusted EBITDA loss $11.7M.
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Nerdy Inc. completes de-SPAC merger with Nerdy LLC; $336.8M cash + equity consideration
Legacy Nerdy holders received $336.8M cash, 18.58M Class A shares, 392,580 warrants, and 76.73M OpCo Units.
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TPG Pace stockholders approve Nerdy merger; expects >$575M proceeds, closing Sept 20
Business Combination approved by ~95% of votes cast; all 13 proposals passed.
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TPG Pace sets Sept 14 vote for Nerdy merger after SEC declares S-4 effective
SEC declared effective Form S-4 for TPG Pace's business combination with Nerdy.
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TPG Pace extends deadline to close Nerdy merger to Sept 30, 2021
Third Amendment to Business Combination Agreement extends Outside Date from Aug 31 to Sept 30, 2021.
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TPG Pace & Nerdy amend merger agreement: extend outside date to Aug 31, refine governance & lock-up
Outside date extended from ~July 27 to August 31, 2021 for closing the Nerdy business combination.
Executive changes
Departed
Heidi Robinson
Chief Product Officer
NRDY ·
Nerdy Inc.
Heidi Robinson, the Company’s Chief Product Officer who also effectively led the Company’s human resources and recruiting functions, will be departing the Company.
Appointed
Stuart Udell
Director
NRDY ·
Nerdy Inc.
On August 4, 2022, the Board appointed Stuart Udell to serve as a director, filling the vacancy created by Mr. Blachford’s resignation.
Departed
Erik Blachford
Director
NRDY ·
Nerdy Inc.
On August 3, 2022, Erik Blachford resigned as a member of the Board of Directors (the “Board”) of Nerdy Inc. (the “Company”).
Departed
Ian Clarkson
President and Chief Operating Officer
NRDY ·
Nerdy Inc.
Ian Clarkson, the Company’s President and Chief Operating Officer, will be departing the Company.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.85 · Median 0.70 · Most common event earnings