26/7/2024, 8:19:02 pm

Why Coursera Stock Exploded 51% Higher Today

Coursera's stock surged 51% after announcing a strong second-quarter report, beating top and bottom lines with adjusted profits of $0.09 per share and sales of $170.3 million, exceeding analysts' forecasts. Although the company didn't earn a GAAP profit, it generated $17 million in positive free cash flow. Coursera's revenue growth was strong across all three business segments.