NYSE:COURConsumer Services
Coursera (COUR) Stock Sinks As Margin Gains Fail To Ease Growth Doubts
Coursera went into this earnings print with a stock that had already been grinding lower over the past quarter, then the market cut another 14.7% off the price in the first full trading reaction. The headline is not revenue, even though reported sales reached about US$299 million. The story is profit quality. Coursera delivered about US$43 million of adjusted EBITDA in the quarter and a 14.3% margin, while lifting full year margin guidance again. For a company long treated as a pure growth...