{"id":161172,"date":"2022-07-28T15:03:13","date_gmt":"2022-07-28T15:03:13","guid":{"rendered":"https:\/\/precoinnews.com\/?p=161172"},"modified":"2022-07-28T15:03:13","modified_gmt":"2022-07-28T15:03:13","slug":"coursera-plunges-as-q3-revenue-annual-outlook-remain-below-estimates","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/bitcoin\/coursera-plunges-as-q3-revenue-annual-outlook-remain-below-estimates\/","title":{"rendered":"Coursera Plunges As Q3 Revenue, Annual Outlook Remain Below Estimates"},"content":{"rendered":"<p> Shares of Coursera, Inc. (COUR) are down more than 24% Thursday morning following second-quarter results. The company&#8217;s third quarter as well as full-year revenue outlook stand below the consensus estimates.<\/p>\n<p>For the third quarter, the company expects revenue of $126 to $130 million, On average, analysts polled by Thomson-Reuters expect revenue of $142.31 million. <\/p>\n<p>For the full year, revenue is expected between  $509 million and $515 million. The consensus estimate stands at $542.13 million. <\/p>\n<p>Coursera reported net loss of $49.33 million or $0.34 per share compared with net loss of $46.36 million or  $0.35 per share a year ago. Excluding one-time items, loss was $21.56 million. <\/p>\n<p>Total revenue was $124.75 million, up 22% from $102.1 million a year ago.<\/p>\n<p>COUR touched a new low of $10.71 this morning, before edging up to $12.26 currently. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3300437\/coursera-plunges-as-q3-revenue-annual-outlook-remain-below-estimates.aspx?utm_source=rttnews&#038;utm_campaign=stockalerthome\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Coursera, Inc. (COUR) are down<\/p>\n","protected":false},"author":3,"featured_media":161171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Coursera Plunges As Q3 Revenue, Annual Outlook Remain Below Estimates - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/bitcoin\/coursera-plunges-as-q3-revenue-annual-outlook-remain-below-estimates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coursera Plunges As Q3 Revenue, Annual Outlook Remain Below Estimates - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Shares of Coursera, Inc. 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