Nerdy, Inc. (NRDY) Q1 2025 Earnings Call Transcript |
Nerdy, Inc. (NYSE:NRDY ) Q1 2025 Earnings Conference Call May 8, 2025 5:00 PM ET Company Participants TJ Lynn - Vice President, Associate General Counsel Charles Cohn - Chairman and Chief Executive Officer Jason Pello - Chief Financial Officer Conference Call Participants Jason Tilchen - Canaccord Yi Fu Lee - Cantor Fitzgerald Brianna Diaz – Citizens Gregory Gibas - Northland Securities Operator Good afternoon, and thank you for attending the Nerdy, Incorporated Q1 2025 Earnings Call. My name is Jason, and I'll be the moderator today. |
seekingalpha.com |
2025-05-10 13:31:56 |
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Nerdy Inc. (NRDY) Reports Q1 Loss, Tops Revenue Estimates |
Nerdy Inc. (NRDY) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.07 per share a year ago. |
zacks.com |
2025-05-08 22:20:42 |
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Varsity Tutors Launches Live + AI™ Platform for Schools, Delivering Next‑Generation Tutoring & Teacher Support System |
ST. LOUIS--(BUSINESS WIRE)-- #highdosagetutoring--Nerdy Inc. (NYSE: NRDY), parent company of Varsity Tutors, today announced the nationwide launch of Live + AI™ — a next-generation, AI-powered, high-dosage tutoring and live intervention platform designed to accelerate learning and close achievement gaps. Live + AI™ is grounded in a simple truth: technology is most powerful when it amplifies, not replaces, the human bond at the center of learning. By uniting the insight, empathy, and adaptability of expert educators. |
businesswire.com |
2025-04-29 21:26:00 |
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Are Consumer Discretionary Stocks Lagging Nerdy (NRDY) This Year? |
Here is how Nerdy Inc. (NRDY) and PIGEON CORP (PGENY) have performed compared to their sector so far this year. |
zacks.com |
2025-04-25 14:46:23 |
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Nerdy to Announce First Quarter 2025 Results on May 8, 2025 |
ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced the company will release its first quarter financial results for the period ended March 31, 2025 after the U.S. stock market closes on Thursday, May 8, 2025. Following the release, Nerdy management will host a conference call and webcast at 5:00 p.m. Eastern Time to discuss the company's financial and operating results. Interested parties in the U.S. may listen to the cal. |
businesswire.com |
2025-04-24 20:01:00 |
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Is Nerdy (NRDY) Stock Outpacing Its Consumer Discretionary Peers This Year? |
Here is how Nerdy Inc. (NRDY) and Ralph Lauren (RL) have performed compared to their sector so far this year. |
zacks.com |
2025-03-25 12:40:42 |
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Nerdy: Lingering Headwinds Keep This EdTech Pure-Play In Limbo |
Nerdy stock's impressive rally has fizzled out, with market stagnation and challenges from Generative AI and DOE closure impacting its growth trajectory. Despite strong top-line growth and a scalable freemium model, Nerdy faces financial slowdowns and significant net losses, raising concerns about its future performance. The proposed DOE closure and rise of AI tools like ChatGPT pose substantial risks, undercutting Nerdy's value proposition and future funding streams. |
seekingalpha.com |
2025-03-08 01:45:17 |
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Nerdy Faces Execution Risks Despite Strong Q4 Results, Says Analyst |
J.P. Morgan analyst Bryan M. Smilek reiterated an Underweight rating on the shares of online learning platform Nerdy Inc NRDY. |
benzinga.com |
2025-03-03 15:31:16 |
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Why Nerdy Stock Tumbled Today |
Shares of online learning platform company Nerdy (NRDY -7.55%) fell hard today after the company reported its fourth-quarter results yesterday. While sales and earnings beat Wall Street's consensus estimates, investors weren't happy with Nerdy's revenue decline and shrinking gross margin. |
fool.com |
2025-02-28 14:44:25 |
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Nerdy, Inc. (NRDY) Q4 2024 Earnings Call Transcript |
Nerdy, Inc. (NYSE:NRDY ) Q4 2024 Results Conference Call February 27, 2025 5:00 PM ET Company Participants T.J. Lynn - Associate General Counsel Chuck Cohn - Founder, Chairman and Chief Executive Officer Jason Pello - Chief Financial Officer Conference Call Participants Ross Sandler - Barclays Yi Fu Lee - Cantor Fitzgerald Ross Sandler - Barclays T.J. |
seekingalpha.com |
2025-02-27 21:33:03 |
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Nerdy Inc. (NRDY) Reports Q4 Loss, Tops Revenue Estimates |
Nerdy Inc. (NRDY) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to loss of $0.05 per share a year ago. |
zacks.com |
2025-02-27 20:31:06 |
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Nerdy Announces Fourth Quarter 2024 Financial Results |
ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY) today announced financial results for the fourth quarter and year ended December 31, 2024. “Throughout 2024, Nerdy made substantial progress against our key objectives, including unifying our platforms and enhancing our marketplace technology, which has set the stage for our next phase of growth. We've recently launched several AI-powered products on our platform, and as we move into 2025, we're excited to accelerate our focus on AI innovation. |
businesswire.com |
2025-02-27 18:01:00 |
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Preble Shawnee Local School District Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
CAMDEN, Ohio--(BUSINESS WIRE)--Preble Shawnee Local School District today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tools. |
businesswire.com |
2025-01-30 09:00:00 |
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Buckeye Valley Local School District Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
DELAWARE, Ohio--(BUSINESS WIRE)--Buckeye Valley Local School District today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study too. |
businesswire.com |
2025-01-27 09:00:00 |
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Pródos Academy of Education and Sport Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
PHOENIX--(BUSINESS WIRE)--Prodos Academy of Education and Sport today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tools, co. |
businesswire.com |
2025-01-15 09:00:00 |
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Winton Woods City School District Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
CINCINNATI--(BUSINESS WIRE)--Winton Woods City School District today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tools, col. |
businesswire.com |
2025-01-06 09:00:00 |
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Manassas City Public Schools Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
MANASSAS, Va.--(BUSINESS WIRE)--Manassas City Public Schools today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tools, colla. |
businesswire.com |
2024-12-18 09:00:00 |
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Clover School District Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
CLOVER, S.C.--(BUSINESS WIRE)--Clover School District today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tools, collaborativ. |
businesswire.com |
2024-12-17 09:00:00 |
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Iron County School District Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
CEDAR CITY, Utah--(BUSINESS WIRE)--Iron County School District today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tools, col. |
businesswire.com |
2024-12-16 09:00:00 |
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Parma City Schools Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
PARMA, Ohio--(BUSINESS WIRE)--Parma City Schools earlier this month announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tools, coll. |
businesswire.com |
2024-12-12 09:00:00 |
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Nerdy: A Combination Of Strong Financials, Strategic Shift And Niche Opportunity At Discount |
Nerdy, Inc. presents a speculative investment opportunity due to strong financials, insider buying, and a unique market position in online K-12 tutoring. Despite revenue growth challenges and potential education budget cuts under a Trump administration, NRDY's strategic shifts and healthy balance sheet offer resilience. With a current share price of $1.70, I forecast a target price of $2.48, indicating a 45.88% upside potential based on peer group valuation metrics. |
seekingalpha.com |
2024-12-12 01:37:02 |
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Indian Hill Exempted Village School District Announces Partnership With Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
CINCINNATI--(BUSINESS WIRE)--Indian Hill Exempted Village School District today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all District students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study. |
businesswire.com |
2024-12-10 09:00:00 |
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Nerdy Regains Compliance with NYSE Continued Listing Standard |
ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY) today announced that it has regained compliance with the New York Stock Exchange ("NYSE") continued listing criteria for minimum share price under Section 802.01C of the NYSE Listed Company Manual. On December 2, 2024, the NYSE provided Nerdy with a notification letter of compliance based on Nerdy's closing share price on November 29, 2024, as well as a calculation of Nerdy's average closing share price for the 30 trading days ended November 2. |
businesswire.com |
2024-12-03 11:00:00 |
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Oak Hills Local School District Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
CINCINNATI--(BUSINESS WIRE)--Oak Hills Local School District (OHLSD) today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tool. |
businesswire.com |
2024-12-03 09:00:00 |
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Nerdy Announces Receipt of Notice From NYSE |
ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY) today announced that it received a notice from the New York Stock Exchange ("NYSE") on November 12, 2024 that it is not in compliance with the continued listing criteria under Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A Common Stock was less than $1.00 over a consecutive 30 trading-day period. The Company plans to notify the NYSE by November 12, 2024 that it intends to cure the s. |
businesswire.com |
2024-11-12 19:36:00 |
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Nerdy downgraded to Underweight from Neutral at JPMorgan |
JPMorgan analyst Bryan Smilek downgraded Nerdy to Underweight from Neutral without a price target. The company reported Q3 revenue toward the high end of guidance but reduced its Q4 outlook by 23% across revenue at the midpoint and now expects an adjusted EBITDA loss, the analyst tells investors in a research note. The firm looks for stronger execution, scale across active members, adjusted EBITDA profit and free cash flow generation, some of which it says could show up starting in 2025. |
https://thefly.com |
2024-11-11 07:14:24 |
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Nerdy, Inc. (NRDY) Q3 2024 Earnings Call Transcript |
Nerdy, Inc. (NYSE:NRDY ) Q3 2024 Results Conference Call November 7, 2024 5:00 PM ET Company Participants T.J. Lynn - Associate General Counsel Chuck Cohn - Founder, Chairman and Chief Executive Officer Jason Pello - Chief Financial Officer Conference Call Participants Andrew Boone - JMP Securities Greg Gibas - Northland Securities Operator Good afternoon. |
seekingalpha.com |
2024-11-09 15:44:06 |
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Nerdy Inc. (NRDY) Reports Q3 Loss, Tops Revenue Estimates |
Nerdy Inc. (NRDY) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.13 per share a year ago. |
zacks.com |
2024-11-07 20:36:44 |
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Forest Charter School Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
NEVADA CITY, Calif.--(BUSINESS WIRE)--Forest Charter School today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all students with access to the Varsity Tutors for Schools platform. The partnership ensures all students, educators and parents have a rich set of academic resources for the school years to come. The comprehensive platform integrates interactive study tools, collaborative w. |
businesswire.com |
2024-11-04 09:00:00 |
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Nerdy to Announce Third Quarter 2024 Results on November 7, 2024 |
ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY), a leading platform for delivering live online learning, today announced the company will release its third quarter financial results for the period ended September 30, 2024 after the U.S. stock market closes on Thursday, November 7, 2024. Following the release, Nerdy management will host a conference call and webcast at 5:00 p.m. Eastern Time to discuss the company's financial and operating results. Interested parties in the U.S. may listen t. |
businesswire.com |
2024-10-24 20:01:00 |
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Harbor Science and Arts Charter School Announces Partnership with Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
NEW YORK--(BUSINESS WIRE)--Harbor Science and Arts Charter School today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform at no cost to the Harbor students or families. The partnership extends from now until June 30, 2030, ensuring students, educators and parents have a rich set of powerful resources for school y. |
businesswire.com |
2024-10-23 11:00:00 |
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McAlester Public Schools Announces Partnership With Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
MCALESTER, Okla.--(BUSINESS WIRE)--McAlester Public Schools today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform at no cost to MPS students or families. The partnership extends from now until June 30, 2030, ensuring students, educators and parents have a rich set of powerful resources for school years to come. |
businesswire.com |
2024-10-10 11:00:00 |
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Digital Ready Announces Partnership With Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for Students |
BOSTON--(BUSINESS WIRE)--Digital Ready is pleased to announce an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide students with access to their platform for free, so that students can get on-demand academic support when they need as they pursue their college and career goals. This partnership ensures that students and their families have access to academic tutoring and resources for the entire school. |
businesswire.com |
2024-10-04 11:00:00 |
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Mid-America Technology Center Announces Partnership With Varsity Tutors for Schools to Provide Live and On-Demand Tutoring Resources for All Students |
WAYNE, Okla.--(BUSINESS WIRE)--Mid-America Technology Center (MATC) today announced an exciting partnership with Varsity Tutors for Schools, a Nerdy (NYSE: NRDY) company and the leading platform for live online tutoring, to provide all district students with access to the Varsity Tutors for Schools platform at no cost to the district, students or families. The partnership extends from now until June 30, 2030, ensuring students, educators and parents have a rich set of academic resources for sch. |
businesswire.com |
2024-09-30 11:00:00 |
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7 AI Penny Stocks to Watch in October |
If you're considering an investment in penny stocks, you should consider looking into those in markets with a lot of room for innovation. |
247wallst.com |
2024-09-27 12:31:36 |
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Nerdy: 3 Reasons To Buy This Speculative Edtech Play |
After tumbling by more than 91% since going public via a SPAC merger in 2021, now may be the time to buy Nerdy stock. Despite disappointing results and guidance in recent quarters, there's still strong potential for this online learning company to experience a game-changing shift to consistent profitability. It all has to do with Nerdy's flagship Varsity Tutors business, which lately has been focusing on the institutional education market. |
seekingalpha.com |
2024-09-24 05:08:20 |
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