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Stock impact report

Nerdy Announces Third Quarter 2024 Financial Results

Nerdy Inc. Class A (NRDY) 
Company Research Source: Business Wire
Nerdy delivers revenue of $37.5 million in the third quarter, while also enabling access to the Varsity Tutors for Schools platform for 1.1 million students; bringing the total to 4.4 million students.Nerdy reports a non-GAAP adjusted EBITDA loss of $14.0 million, above our guidance of a non-GAAP adjusted EBITDA loss of $17.0 million to negative $19.0 million. ST. LOUIS--(BUSINESS WIRE)--Nerdy Inc. (NYSE: NRDY) today announced financial results for the third quarter ended September 30, 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241107799741/en/Nerdy Q3 2024 Financial Highlights (Graphic: Business Wire)“During the third quarter, Nerdy continued to make progress against the primary goals we laid out for the year, including: scaling the winning product for every Learner, expanding the number of Learners we can impact, and laying the foundation to deliver profitable growth,” said Chuck Cohn, Founder, Chairman and Ch Show less Read more
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