Earnings Call Summary | Nerdy(NRDY.US) Q2 2024 Earnings Conference
Earnings Call Summary | Nerdy(NRDY.US) Q2 2024 Earnings Conference
Sales and marketing expenses increased to $15.5 million, up from $14.9 million year-over-year, attributed to investments in institutional sales.The following is a summary of the Nerdy, Inc. (NRDY) Q2 2024 Earnings Call Transcript:
以下是 Nerdy, Inc. (NRDY) Q2 2024 業績會筆錄概要:
Financial Performance:
金融業績：
Nerdy, Inc. reported Q2 2024 revenue of $51 million, representing a 4% year-over-year growth.
Gross profit was at $33.5 million, while gross margin declined to 65.7% from 69.8% in the prior year, influenced by higher substitution costs and lower margins in institutional offerings.
Sales and marketing expenses increased to $15.5 million, up from $14.9 million year-over-year, attributed to investments in institutional sales.
Non-GAAP adjusted EBITDA showed a loss of $2.1 million, within the guidance of negative $2 million to negative $4 million.
Nerdy, Inc. 報告 2024 年第二季度營業收入爲 5100 萬美元，同比增長 4%。
毛利潤爲 3350 萬美元，毛利率由去年的 69.8% 下降至 65.7%，受到更高的替代成本和機構提供的較低利潤率的影響。
銷售和市場營銷費用增加到 1550 萬美元，同比增長，歸因於機構銷售的投資。
非 GAAP 調整後的 EBITDA 已出現 210 萬美元的虧損，處於負 200 萬美元至負 400 萬美元的指引範圍內。
Business Progress:
業務進展：
Nerdy has focused on strengthening the offering of premium learning memberships resulting in better engagement and retention.
Achieved access for an additional 1.1 million students on the Varsity Tutors for schools platform, reaching a total of 3.3 million students across nearly 600 school districts.
The company is targeting access for 10 million students, about 20% of the K-12 population in the U.S., by the end of the year.
Introduced enhancements to the marketplace infrastructure for better customer experience and operational efficiency.
Nerdy 正專注於加強優質學習會員的服務，提高參與度和留存率。
在 Varsity Tutors 學校平台上爲額外的 110 萬名學生提供了服務，覆蓋了接近 600 個學區，總數達到 330 萬名學生。
公司目標是在年底之前讓 1000 萬名學生，約佔美國 k-12 人口的 20%，獲得服務。
引入了改進後的製造行業基礎設施，以提高客戶體驗和運營效率。
Opportunities:
機會：
The continued expansion and improvement of the Varsity Tutors for schools platform and the focus on premium learning memberships are expected to drive revenue growth and customer acquisition.
Operational improvements and the expansion of the school's go-to-market team are likely to support the back-to-school selling season and the 2024-2025 school year.
持續擴大和改進 Varsity Tutors 學校平台，並專注於優質學習會員，預計將推動營收增長和客戶獲取。
運營改進和學校市場團隊的擴大預計將支持返校銷售季節和 2024-2025 學年。
Risks:
風險：
The shift towards a focus on premium memberships comes following higher-than-expected seasonal cancellations in lower-priced, non-premium offerings, indicating a potential volatility in membership stability and revenue consistency.
轉向專注於優質會員服務，是在低價非優質服務的季節性取消高於預期後的一個變化，表明會員穩定性和營收一致性存在潛在波動。
More details: Nerdy IR
更多細節請諮詢 Nerdy IR。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。