
Coursera Inc. reported its third quarter 2024 financial results, revealing a revenue performance that exceeded both last year's figures and analyst forecasts. Despite this positive outcome, the company issued a cautious fourth quarter revenue forecast, which has raised concerns about potential slowing growth. Following the announcement, Coursera's stock experienced a significant decline, dropping 15% in after-hours trading and further plummeting to a 22.6% decrease in pre-market trading. Analysts are now scrutinizing the implications of the lowered forecast on the company's future performance.
Coursera Stock Tumbles 20% After Earnings. What Went Wrong. https://t.co/gcDmSP7k9J
$COUR (-22.6% pre) Coursera (NYSE:COUR) Surprises With Q3 Sales But Stock Drops https://t.co/U4AsNlVYs4
Coursera $COUR stock plummets 15% after revenue forecast cut https://t.co/5UXbFbgvN6 https://t.co/W4KFE8iRsN
