Latest news with #HugoSarrazin
Yahoo
a day ago
- Business
- Yahoo
Udemy (NASDAQ:UDMY) Exceeds Q2 Expectations, Stock Jumps 10.1%
Online learning platform Udemy (NASDAQ:UDMY) reported revenue ahead of Wall Street's expectations in Q2 CY2025, with sales up 2.8% year on year to $199.9 million. The company expects next quarter's revenue to be around $192.5 million, close to analysts' estimates. Its non-GAAP profit of $0.16 per share was 33.8% above analysts' consensus estimates. Is now the time to buy Udemy? Find out in our full research report. Udemy (UDMY) Q2 CY2025 Highlights: Revenue: $199.9 million vs analyst estimates of $197 million (2.8% year-on-year growth, 1.5% beat) Adjusted EPS: $0.16 vs analyst estimates of $0.12 (33.8% beat) Adjusted EBITDA: $28.4 million vs analyst estimates of $23.03 million (14.2% margin, 23.3% beat) The company slightly lifted its revenue guidance for the full year to $789 million at the midpoint from $783 million EBITDA guidance for the full year is $86.5 million at the midpoint, above analyst estimates of $84.09 million Free Cash Flow Margin: 19.5%, up from 3.5% in the previous quarter Monthly Active Buyers: 17,107, up 512 year on year Market Capitalization: $1.04 billion "Our second quarter results mark an inflection point in Udemy's evolution, as we delivered both GAAP profitability and made meaningful progress on our strategy to drive accelerated growth,' said Hugo Sarrazin, President and CEO of Udemy. Company Overview With courses ranging from investing to cooking to computer programming, Udemy (NASDAQ:UDMY) is an online learning platform that connects learners with expert instructors who specialize in a wide range of topics. Revenue Growth A company's long-term performance is an indicator of its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Thankfully, Udemy's 11.7% annualized revenue growth over the last three years was decent. Its growth was slightly above the average consumer internet company and shows its offerings resonate with customers. This quarter, Udemy reported modest year-on-year revenue growth of 2.8% but beat Wall Street's estimates by 1.5%. Company management is currently guiding for a 1.5% year-on-year decline in sales next quarter. Looking further ahead, sell-side analysts expect revenue to remain flat over the next 12 months, a deceleration versus the last three years. This projection doesn't excite us and indicates its products and services will face some demand challenges. Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) stock benefiting from the rise of AI. Click here to access our free report one of our favorites growth stories. Monthly Active Buyers Buyer Growth As a subscription-based app, Udemy generates revenue growth by expanding both its subscriber base and the amount each subscriber spends over time. Over the last two years, Udemy's monthly active buyers, a key performance metric for the company, increased by 9.9% annually to 17,107 in the latest quarter. This growth rate is solid for a consumer internet business and indicates people are excited about its offerings. In Q2, Udemy added 512 monthly active buyers, leading to 3.1% year-on-year growth. The quarterly print was lower than its two-year result, suggesting its new initiatives aren't accelerating buyer growth just yet. Revenue Per Buyer Average revenue per buyer (ARPB) is a critical metric to track because it measures how much the average buyer spends. ARPB is also a key indicator of how valuable its buyers are (and can be over time). Udemy's ARPB fell over the last two years, averaging 1.3% annual declines. This isn't great, but the increase in monthly active buyers is more relevant for assessing long-term business potential. We'll monitor the situation closely; if Udemy tries boosting ARPB by taking a more aggressive approach to monetization, it's unclear whether buyers can continue growing at the current pace. This quarter, Udemy's ARPB clocked in at $11,684. It was flat year on year, worse than the change in its monthly active buyers. Key Takeaways from Udemy's Q2 Results This was a beat and raise quarter. Specifically, we were impressed by how significantly Udemy blew past analysts' EBITDA expectations this quarter on the back of a revenue beat. We were also glad its full-year EBITDA guidance exceeded Wall Street's estimates. On the other hand, its number of monthly active buyers slightly missed, but overall, this print was still quite solid. The stock traded up 10.1% to $7.69 immediately following the results. Big picture, is Udemy a buy here and now? The latest quarter does matter, but not nearly as much as longer-term fundamentals and valuation, when deciding if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free. Connectez-vous pour accéder à votre portefeuille
Business Wire
21-07-2025
- Business
- Business Wire
Udemy Introduces New MCP Server to Bring AI-Powered Learning Directly Into the Flow of Work
SAN FRANCISCO--(BUSINESS WIRE)-- Udemy (Nasdaq: UDMY), a leading AI-powered skills acceleration platform, today announced the upcoming launch of its new Model Context Protocol (MCP) Server, designed to help organizations embed personalized learning directly into the flow of work for employees. Developed as part of the Udemy Innovation Studio, this new tool allows organizations to access targeted learning within AI-powered applications and systems they're already using, such as Claude or ChatGPT, helping employees build skills in real time without disrupting productivity. Developed as part of the Udemy Innovation Studio, the Udemy MCP Server allows organizations to access targeted learning within AI-powered applications and systems they're already using, such as Claude or ChatGPT. Share 'Companies, especially large enterprises, are making significant investments in AI tools, but the real challenge is making those tools useful in day-to-day work,' said Hugo Sarrazin, President and CEO at Udemy. 'The Udemy MCP Server helps bridge that gap by bringing the right learning to the right person at the right time, directly inside the platforms they're already using. We're excited to keep providing our customers with innovative products that can help them optimize reskilling opportunities, keep pace with AI transformation, and continue to anticipate what's next.' Traditional online learning methods remain generic and disconnected, pulling employees from workflows and creating fragmented, inefficient experiences. According to a recent IBM survey, 50% of business leaders report that fragmented technology stacks are a key barrier to realizing the full potential for ROI within their organization. Udemy is the first global reskilling platform to pioneer advanced agentic AI workflows for businesses, combining AI-powered upskilling with high-quality, expert-led content. Leveraging the MCP developed by Anthropic, organizations can now discover Udemy upskilling assets within their existing AI tools, enabling contextual learning without disrupting productivity or requiring custom setups. Key capabilities of the Udemy MCP Server include: On-Demand Support: Real-time, problem-solving support is accessible through micro-courses and curated lessons, enabling upskilling in the flow of work and saving time by addressing immediate workplace challenges. Plug-and-Play Integration: Pre-built MCP connectors allow seamless integration with existing AI tools – no custom development, system changes, or complex setup required. This is critical for enterprise customers who often have their own dedicated instance of AI tools for data security and privacy. Intelligent Content Matching: Learning content can be discovered within customers' preferred AI tools, coding environments, and CRM systems. Organizations can search for high-quality courses through the tools they are currently using, such as Claude or Cursor, and receive curated recommendations, without requiring any platform or system modifications. Role-Specific Contextualization: Organizations can configure their Udemy MCP Server to provide role-specific context for learning searches, ensuring more relevant and personalized results. AI-powered recommendations are tailored to job roles and organizational priorities while keeping all company and employee data private and secure. For instance, team leaders facing high-stakes interpersonal challenges can instantly access relevant management and emotional intelligence training directly within their tools. They can also leverage the recently announced AI Role Play to simulate and practice conversations, shifting them from skill development to skill mastery. This investment validates Udemy's commitment to being the leading AI-powered reskilling platform for the future workforce. Delivering skills development at the point of need, and at scale, helps drive measurable business outcomes for business leaders. The Udemy MCP Server will launch in August, with select Udemy Business customers and partners receiving early access through our Early Adopters Program. This program offers a unique opportunity for organizations to test these new capabilities before the broader product release, and influence the ongoing development of the MCP Server to ensure the solution aligns with diverse organizational needs and market updates. To register your organization for early access to the Udemy MCP Server, visit About Udemy Udemy (Nasdaq: UDMY) is an AI-powered skills acceleration platform transforming how companies and individuals across the world build the capabilities needed to thrive in a rapidly evolving workplace. By combining on-demand, multi-language content with real-time innovation, Udemy delivers personalized experiences that empower organizations to scale workforce development and help individuals build the technical, business, and soft skills most relevant to their careers. Today, thousands of companies, including Ericsson, Samsung SDS America, On24, Tata Consultancy Services, The World Bank, and Volkswagen, rely on Udemy Business for its enterprise solutions to build agile, future-ready teams. Udemy is headquartered in San Francisco, with hubs across the United States, Australia, India, Ireland, India, Mexico and Türkiye.
CBS News
21-07-2025
- Business
- CBS News
Udemy is powering enterprise AI transformation through skills
This content was provided by Acumen Media for Udemy. This advertiser content was paid for and created by Acumen. Neither CBS News nor CBS News Brand Studio, the brand marketing arm of CBS News, were involved in the creation of this content. Executives across industries are urgently working to build AI fluency in their organizations as digital transformation becomes a business imperative. From finance to manufacturing, companies have doubled down on training employees in artificial intelligence (AI) and other tech skills, making workforce upskilling a necessity across the board. Udemy, a global AI-powered skills development platform known for its real-world expert instructors and unique marketplace model, is at the forefront of this skills revolution. "AI is the big demand, and every one of our clients is asking, 'Help me reskill the workforce,'" said Udemy CEO Hugo Sarrazin, underscoring the unprecedented pressure companies face to upskill their people. Udemy, used by over 17,000 businesses worldwide, is helping companies answer that call by developing AI fluency across their ranks. Udemy is leveraging AI to tailor the learning experience for each employee. Traditional online courses have been one-size-fits-all, following a fixed curriculum regardless of a learner's prior knowledge or style. Now, AI-driven features can assess each learner's skills, curate a personalized learning path, and feature role play experiences to maximize engagement. "What we're doing right now with our AI platform is fundamentally changing the learner experience," Sarrazin explained. More personalized training yields a much better return on investment (ROI) for companies. Employees can even upskill in the flow of work, as AI guides practice and reinforces learning without pulling them away from day-to-day roles. Organizations care about outcomes, not just course completion. Employers want employees to gain specific new skills they can apply to strategic initiatives and to retain talent by supporting their growth. To that end, Udemy is enabling organizations to customize learning content to align with their goals. Enterprises now have access to the same AI-powered content creation tools used by Udemy's instructors, allowing them to quickly develop bespoke courses and training pathways. By tailoring learning journeys to company needs, businesses can keep their teams ahead of quickly evolving skill requirements. By blending their dynamic expert marketplace with AI-powered delivery, Udemy offers a scalable way to foster continuous learning. And by turning employee training into a strategic asset, companies can better maintain a competitive edge. The ability to quickly reskill at scale is becoming essential for staying ahead. Udemy's success shows how the right learning platform can transform not only a workforce, but also an entire organization for the digital age.
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Business Standard
24-06-2025
- Business
- Business Standard
Evolving from being online learning platform to AI-powered one: Udemy CEO
Hugo Sarrazin, chief executive officer of Nasdaq-listed skills development platform Udemy believes that artificial intelligence (AI) is bringing in a fundamental shift in the way online learning is delivered. In his first media interaction since he took over the role in March, he tells Shivani Shinde in Mumbai about AI in learning, and how significant a market India is for the company. Edited excerpts: How is AI impacting online learning and how is it different compared to a few years ago? Online learning is a very interesting space. It was a great innovation 15 years ago — it changed access, allowed us to reach remote villages around the world, and created an economy for instructors. But it didn't really change the modality — how people learn. At best, it was only as effective as a large classroom setting. What excites me now is that AI represents a turning point. With AI, we can finally change the learning modality. It allows us to personalise the learning experience, and that's a massive opportunity. How does AI impact Udemy? Udemy is a marketplace that brings together learners and creators. On the learner's side, we're evolving from being just an online learning platform to becoming an AI-powered reskilling and upskilling platform. That may sound like a small shift, but it represents a major transformation. We're no longer just offering content — we're building complete learning journeys with assessments, personalised learning paths, labs, videos, and even role plays. AI powers all of this. In fact, we have one of the largest AI-powered role play offerings in the industry. On the content creation side, AI has unlocked a wide range of tools — whether generating images, designing curricula, or translating content. We're focused on simplifying the entire workflow for instructors, making it much easier for them to create high-quality content. What are some of the trends you are seeing from learners on Udemy? Obviously, everybody wants to know how to use GenAI, prompt engineering and ChatGPT, but more importantly companies are asking us to create some basic AI fluency for everybody in organisations. We are having this conversation in India as well, where this AI is now going across the IT department. Second is tool-specific queries, like how one uses Excel with AI or Adobe and others. But surprisingly, there is also a whole category around softer skills. In the age of AI, how do I become a leader or what is my role as a leader? How significant is India as a market for Udemy? India is a very important market for us. We have about 17 million learners and 9,000 instructors here, and offer around 24,000 courses in Indian languages like Hindi, Tamil, Urdu, and more. Our offerings are tailored to local needs — both for individuals and large enterprises. India is a country that deeply values education. We see strong ownership of learning journeys, especially on the individual side. For example, we recently launched the 'Career Accelerator' programme, which helps learners take charge of their careers. There's a stronger signal from India than many other markets, largely due to this culture of learning. We're also seeing growing demand for skilling and upskilling —some of it coming from gaps in traditional university education, which often doesn't cover fast-evolving, job-relevant skills. Since Udemy is a marketplace, we're able to provide access to the latest, in-demand content, helping learners stay ahead. Interestingly, in India our corporate and individual users are equal. How are you different compared to competitors? Since we are a marketplace, what we offer is better. We are early to publish. Second differentiator is that we are becoming more than an online education company, or a reskilling company. Hence, the experience is more complete. Some of the others just give content. With Career Accelerators, we are personalising experience. Two, we are going to continue to localise. We have recently partnered with Mumbai Indians. We are looking for ways to create ties so that we can kind of talk to learners and people in a way that is adapted to their requirements. Three, we are going to recruit instructors, as we need to cover more Indian languages. We are well positioned to do that. The other area is partnerships with entities locally. That is another area we are looking at.
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Business Standard
24-06-2025
- Business
- Business Standard
AI allows us to personalise learning experience: Udemy CEO Hugo Sarrazin
Udemy CEO Hugo Sarrazin about AI in learning, and how significant a market India is for the company premium Shivani Shinde Listen to This Article Hugo Sarrazin, chief executive officer of Nasdaq-listed skills development platform Udemy believes that artificial intelligence (AI) is bringing in a fundamental shift in the way online learning is delivered. In his first media interaction since he took over the role in March, he tells Shivani Shinde in Mumbai about AI in learning, and how significant a market India is for the company. Edited excerpts: How is AI impacting online learning and how is it different compared to a few years ago? Online learning is a very interesting space. It was a great innovation 15 years ago — it changed access,
